You Are Collaborating on a Report with a Coworker, and Want

question 8

Multiple Choice

You are collaborating on a report with a coworker, and want to send him the latest version of your document urgently. Which of the following statements is true regarding collaborating in this case?

• A) Typing out the report and mailing it to your colleague by post would be the fastest way of delivering the report.
• B) Uploading the document to the company intranet will deliver it to your coworker's mailbox.
• C) You should use a public blog to discuss the changes you have made to the document.
• D) Using a team wiki will allow both of you to constantly update the document within a shared space.
• E) The most efficient method would be to call your coworker on the telephone and describe the changes you have made.

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Definitions:

Credit Sales

Sales in which the customer is allowed to pay at a later time, typically generating accounts receivable on the balance sheet.

COGS

Cost of Goods Sold; the direct costs attributable to the production of the goods sold by a company, including materials and labor.

Payables Turnover Rate

A financial ratio indicating how efficiently a company pays its suppliers, calculated by dividing total purchases by average accounts payable.

Accounts Payable Balance

The total amount of money that a company owes to its suppliers or creditors for items or services purchased on credit.