Autonomous Work Groups in Which Workers Are Trained to Do

question 76

Multiple Choice

Autonomous work groups in which workers are trained to do all or most of the jobs in a unit,and they make decisions previously made by frontline supervisors are referred to as ____.

• A) traditional work groups
• B) self-managed teams
• C) development teams
• D) management teams
• E) virtual teams

---

Definitions:

Selling Prices

The set price at which goods and services are sold to customers, determined by factors such as cost, competition, and demand.

Ending Inventory

The cost of merchandise ready to be sold at the close of an accounting cycle, found by taking the initial inventory, adding purchases, and subtracting the cost of goods sold.

Inventory Valuation

The method used to assign a monetary value to inventory, which affects the cost of goods sold and gross profit.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, often used in cost accounting.