Which of the Following Characteristics Describe Teams

question 3

Multiple Choice

Which of the following characteristics describe teams?

• A) one clear leader making decisions
• B) members are rewarded for both individual and group performance
• C) leader evaluates individual members' performance
• D) individual members do one independent part of a process and pass it on to the next person to do the next part

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Definitions:

Ledger Accounts

Records that summarize all the transactions related to a particular aspect of a business's finances, such as assets, liabilities, equity, revenue, and expenses.

Unearned Revenues

Income received by a company for goods or services yet to be delivered or performed, considered a liability until earned.

Revenues

The total income generated by a company from its normal business operations, before any expenses are subtracted.

Debits

Entries made on the left-hand side of an account, representing an increase in assets or expenses or a decrease in liabilities, equity, or revenue.