Emphasis on Teamwork, Pre-Eminence of Technology, and Concern for Work-Life

question 6

Multiple Choice

Emphasis on teamwork, pre-eminence of technology, and concern for work-life balance are all examples of

• A) performance effectiveness
• B) performance efficiency
• C) productivity
• D) today's organizational trends
• E) none of the above

---

Definitions:

Indirect Method

An accounting technique used to prepare the cash flow statement, adjusting net income for changes in non-cash working capital and non-operational gains and losses.

Direct Method

A method of allocating service department costs directly to production departments without considering inter-service department flows.

Accounts Receivable

Funds that clients or customers owe to a company for products or services provided but for which payment has not yet been received.

Accounts Payable

Money owed by a company to its suppliers or vendors for goods and services received, representing a liability on the balance sheet.