To Find the Days' Payable

question 93

Multiple Choice

To find the days' payable,

• A)divide 365 by the payables turnover.
• B)multiply the payables turnover by 365.
• C)divide the payables turnover by 365.
• D)subtract 365 from the payables turnover.

Recognize the advantages and disadvantages of a matrix organizational structure.

Identify the purposes and compositions of task forces and project teams.

Comprehend the dynamics and effectiveness of work teams versus work groups.

Grasp the importance and application of self-directed work teams in modern organizations.

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Definitions:

Aggregating

The process of combining multiple pieces of data or information into a single comprehensive whole.

Incentives

Refers to stimuli that motivate individuals or entities to perform certain actions or behaviors.

Majority Rule Voting

A voting system in which each member has one vote, and decisions are made by a majority of the votes cast, typically more than half.

Rent-Seeking

The practice of gaining economic benefits through manipulation or exploitation of the political environment rather than through traditional economic competition.