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Virty [35]
3 years ago
13

Which of the following statements is true regarding a cross-functional team?A) A cross-functional team is made up of employees f

rom different hierarchical levels.B) A cross-functional team is made up of employees from the same department.C) Cross-functional teams have decreased in popularity in the last few decades.D) In the case of a cross-functional team, the early stages of development are typically very short.E) Cross-functional teams are used for developing new ideas and coordinating complex projects.
Business
1 answer:
Aleksandr [31]3 years ago
7 0

Answer:

E) Cross-functional teams are used for developing new ideas and coordinating complex projects.

Explanation:

A cross-functional team is composed of members of the same hierarchical level but work in the different departments or areas of the organization, like finance, human resource, research and development, security and legal.

These members are usually the heads of offices of these departments who gather together to discuss, innovate and develop new ideas geared towards the advancement of the organization.

Goal congruence is a vital component in a cross-functional team.

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Answer:

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Wright Company's cash account shows a $29,300 debit balance and its bank statement shows $27,600 on deposit at the close of busi
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Answer:

Bank Reconciliation Statement:

Calculation of Adjusted cash Balance on 31 May:

Cash Balance:                              $ 29,300

less: Bank Charges                      $ (190)

less: NSF Check                          <u> $ (420)</u>

Adjusted cash Book Balance      $ 28,690

Add: Outstanding Checks           $ 6,500

Less: Uncleared Checks              <u>$ 7,100</u>

Revised Cash Book Balance (A) <u>$ 28,090</u>

Bank Statement Balance               $ 27,600

Add: Error by Bank                         <u>$   490    </u>

Adjusted Bank Balance (B)           <u>$ 28,090</u>

Explanation:

Bank reconciliation is a company document prepared in order to reconcile difference between balance as per cash book and balance as per bank statement.

The difference arise because of two reasons:

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