Quality Circles and Suggestion Teams Are Both Types of _________

question 36

Multiple Choice

Quality circles and suggestion teams are both types of _________ teams.

• A) problem-solving
• B) self-directed
• C) cross-functional
• D) venture

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Definitions:

Current Ratio

The current ratio is a liquidity metric that evaluates a company's ability to pay off its short-term liabilities with its short-term assets.

Capital Lease

A lease agreement in which the lessee records the leased asset as if it were purchased.

Operating Lease

A contract in which the ownership of the asset remains with the lessor while the lessee has the right to use the asset, without the option to purchase, for a certain period.

Operating Leases

Leases for which the lessee uses an asset for a shorter period than its useful life, and the lessor retains ownership of the asset.