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Virtual teams are often cross-functional in nature.
Voting Stock
Shares that give the shareholder the right to vote on matters of corporate policy and the election of the board of directors.
Equity Changes
Refers to variations in the owners' equity in a business over time due to earned income, distribution of profits, investments, and withdrawals.
Trading Securities
Financial instruments that are purchased and held primarily for sale in the short term to generate income on short-term price differences.
Balance Sheet
A financial statement that presents a company's assets, liabilities, and stockholders' equity at a specific point in time.
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