An Example of a Physical Structure to Facilitate Communication Among

question 53

Multiple Choice

An example of a physical structure to facilitate communication among team members is a:

• A) telecommuting or work-at-home program.
• B) private office or cubicle for each team member.
• C) shared physical facility such as a beverage lounge.
• D) high-rise building.

---

Definitions:

Retail Inventory Method

An accounting method used to estimate inventory value by calculating the cost to retail price ratio.

Cost To Retail Ratio

A method used in retail to calculate inventory value by comparing the cost of goods to their retail price.

Ending Inventory

Ending inventory is the value of goods available for sale at the end of an accounting period, calculated as the beginning inventory plus purchases minus the cost of goods sold.

Gross Profit Method

An accounting technique used to estimate inventory levels and cost of goods sold by utilizing the gross profit margin.