Scenario A

question 83

Multiple Choice

Scenario A. Your organization uses teams extensively. In your new position as District Manager, you will be responsible for managing several different teams:
1. You are now a member of the District Managers' Team. This team is made up of District Managers who coordinate the work of the district employees. As with all members of this team, you were named to this team when you were promoted to District Manager.
2. You now supervise the Salary Survey Team. This team is made up of employees from around the district who have been assigned to study the organization's current salary policies and recommend changes to make your organization more competitive for the best job candidates.
3. Several of your employees have also been assigned to the Service Enhancement Team, which has been formed to design new services for your organization to provide to customers. Each member of the team was selected for his/her technical expertise and knowledge.
4. Finally, the local managers in your district have formed their own team which meets each week via videoconference. They decided to do this so that they would be able to discuss similar issues they experienced in their jobs. They chose the videoconferencing method for their meetings since they are not able to meet regularly face-to-face.

-The Salary Survey Team is an example of which type of team?

• A)Work team
• B)Project and development team
• C)Parallel team
• D)Management team
• E)Virtual team

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Definitions:

Standard Cost System

A standard cost system is a method of cost accounting that uses estimated costs for materials, labor, and overheads to compare against actual costs incurred, facilitating variance analysis and budgeting.

Actual Results

The real outcomes or data achieved at the end of a specified period, measured against planned or forecasted figures.

Labor Efficiency Variance

A measure used to determine how well labor resources are used, by comparing the standard labor hours supposed to be used to produce goods versus the actual hours used.

Standard Cost System

An accounting system that uses standard costs for cost control and decision-making purposes.