Which of the Following Teams Are Described as a Team

question 10

Multiple Choice

Which of the following teams are described as a team that uses computer technology and groupware so that geographically distant members can collaborate well on projects

• A) Functional
• B) Command
• C) Virtual
• D) Long distance
• E) Task force

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Definitions:

Real Accounts

Accounts related to assets, liabilities, and equity that are not closed at the end of the accounting period.

Nominal Accounts

Accounts that are closed at the end of each accounting period, including revenue, expense, and withdrawal accounts, which are used to calculate the period's net income or loss.

Income Summary

An account in the ledger that is used to summarize the revenue and expenses of a period, facilitating the transfer of their net effect to retained earnings.

Net Income

The final earnings of a corporation once expenses and taxes are subtracted from its gross income.