Virtual Project Teams Often Encounter Increased Challenges

question 23

Multiple Choice

Virtual project teams often encounter increased challenges.All of the following items are among these increased challenges EXCEPT:

• A) it is more difficult to understand the stakeholders
• B) it takes more time to build relationships
• C) differences in time zones are an advantage
• D) change control must rely more upon facilitating than directing

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Definitions:

Acid-Test Ratio

A stringent test that indicates whether a company has enough short-term assets to cover its immediate liabilities without selling inventory.

Current Liabilities

Current liabilities are a company's debts or obligations that are due within one year.

Liquidity

Refers to how quickly an asset can be converted to cash. Liquid assets can be converted to cash quickly, whereas illiquid assets cannot.

Operating Cycle

The period of time it takes for a business to purchase inventory, sell products, and receive cash from sales.