Groups of a Small Number of People from Different Departments

question 52

Multiple Choice

Groups of a small number of people from different departments in an organization who are mutually accountable to accomplish a task or a common set of performance goals are referred to as

• A)designated teams.
• B)strategic business units.
• C)cross-functional teams.
• D)business committees.
• E)venture squads.

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Definitions:

Auxiliary Petty Cash Record

A supplementary accounting register used to track small or incidental expenses paid out in cash, aiding the main petty cash system.

Petty Cash Voucher

A petty cash form to be completed when money is taken out of petty cash.

Petty Cash Account

A modest sum of money maintained for covering small or unexpected costs.

Auxiliary Petty Cash Record

A detailed record used alongside the main petty cash fund to track minor business expenditures.