Match the Following: -Start-Up

question 10

Multiple Choice

Match the following:
-start-up

• A)reward based on plant performance
• B)enhanced performance, reduced costs
• C)first step in planning change to teams
• D)temporary cross-functional teams
• E)phase 1 of self-managing work team implementation
• F)create new product or service designs
• G)increase compensation for new skills
• H)frustration and confusion
• I)organization ready to accommodate teams?
• J)mature, fully developed team
• K)benefit of team in organization
• L)starts at the top in every successful team implementation
• M)the last stage of planning implementation
• N)managers' frustration with new roles
• O)explores readiness for team environment
• P)teams that do the daily work
• Q)first teams created in the U.S.
• R)group with a common goal
• S)end result of months or years of planning
• T)reward based on team performance

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Definitions:

Voucher System

A control mechanism in accounting that uses vouchers to record transaction details and authorize cash disbursements.

Voucher System

An internal financial control system for managing disbursements and ensuring all transactions are properly documented and approved before payments are made.

Periodic Inventory Method

An accounting method where inventory is physically counted at the end of each period to determine the cost of goods sold and ending inventory.

Petty Cash Fund

Fund (source) that allows payment of small amounts without the writing of checks.