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zimovet [89]
4 years ago
8

True/False. A difference between work team and work group is that a group’s performance is merely the summation of each member’s

individual contribution while a team generates positive synergy through coordination.
Business
1 answer:
Solnce55 [7]4 years ago
3 0

Answer:

True

Explanation:

A work group refers to a set up comprising of many individuals working in the same department wherein each of those are individually responsible for the work they perform.

In such cases, people work together in a department since they perform a related common function, say accounting.

On the other hand, a work team comprises of individuals selected from different departments to accomplish a common goal collectively. In this case, the team is collectively responsible for the work performed.

In a team, there exists mutual dependence which is not true in case of a work group. Also, in a team, the work performed in coordination provides synergistic advantages unlike in case of a work group.

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-.a) State the main function of a business.
EastWind [94]

Answer:

The main function of a business is to add value to the customers they have chosen to serve.

A business simply satisfies a need or want of people and tries to make something convenient and easy for them.

The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.

Explanation:

3 0
3 years ago
Pelcher Co. maintains a $400 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date repr
vichka [17]

Answer:

Dr.Office Supplies, $110; Dr. Merchandise inventory, $140; Dr. Miscellaneous expenses, $70; Cr. Cash over and short, $4; Cr. Cash, $316

Explanation:

The journal entries are shown below:

1. Petty cash A/c Dr $400

       To Cash A/c              $400

(Being petty cash fund established)

2. Office supplies A/c Dr $110

   Merchandise inventory A/c Dr $140

   Miscellaneous expense A/c Dr $70

                                            To Cash over and short A/c Dr $4  

                                            To Cash A/c Dr $316

(Being disbursement of cash recorded)

6 0
3 years ago
Read 2 more answers
According to ronald reagan and william
forsale [732]

<span>provide revenues for the government to use for legitimate purposes.</span>

<span>
</span>

<span>
</span>

<span> Please mark Brainliest.</span>


7 0
4 years ago
7. Write at least two policies that a company could use to decide which customers to offer credit to. (1-2 sentences. 2.0 points
Bas_tet [7]

Answer:

Competition tribunal

Competition commission

Explanation:

They protect the rights of the customers

6 0
3 years ago
A finance lease agreement calls for quarterly lease payments of $5,376 over a 10-year lease term, with the first payment on July
Rainbow [258]

Answer:

a. The preparation of partial amortization is shown below:-

b. $2,892

Explanation:

a. Date Lease  Effective        Decrease in  Outstanding              

             payment     interest           balance          balance

July 1                                                                           $150,000

July 1     $5,376                                  $5,376             $144,624

                                                                                ($150,000 - $5,376)

Oct 1      $5,376       $2,892              $2,484              $142,140

                                                       ( $5,376 - $2,892) ($144,624 - $2,484)

b. Interest expense on October 1 = $2,892

Working Note:-

Take the outstanding balance times 2% (8% annual = 2% quarterly)

So, the Effective interest = $144,624 × 0.02

= $2,892.48

4 0
3 years ago
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