Communication Within a Virtual Group Is Either Real Time (Synchronous)

question 8

True/False

Communication within a virtual group is either real time (synchronous) or any time (asynchronous).

---

Definitions:

Opportunity Costs

The loss of potential gains from other alternatives when one alternative is chosen.

Target Cash Balance

The optimal amount of cash a company sets as a goal to maintain for operational and contingency needs.

Lockboxes

Special post office boxes set up to intercept and speed up accounts receivable payments.

Accounts Receivable

The sum of money that customers owe to a company for products or services that have been provided but not yet compensated for.