For a Team Whose Members May Be Working Offsite or in Different

question 24

Multiple Choice

For a team whose members may be working offsite or in different locations around the world, a leader-manager should be primarily interested in the deliverables that are met by each team member, because this represents a measurement of:

• A) the time they have spent doing their work.
• B) only the quantity of work completed.
• C) only the quality of work completed.
• D) the results they have achieved.
• E) the dollar value of the work they have completed.

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Definitions:

Activity Variance

The difference between what was expected in terms of expenses or revenues for a particular activity level and what was actually realized.

Vehicle Operating Cost

The total expense associated with keeping a vehicle running, including fuel, maintenance, insurance, and depreciation.

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular expense category in a specific period.

Catering Supplies

Items such as utensils, dishes, and food ingredients required for preparing and serving food in catering services.