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Brrunno [24]
3 years ago
13

Lorraine has worked at GHI Inc. for 14 years. GHI has a large building where each divisional unit is located on a different floo

r. Lorraine works on the accounting floor and belongs to the budget committee, where she met Sally from Engineering and Jonas from Receiving. This committee provides recommendations to upper management on various financial issues affecting the company. Each week, the three meet after work on Thursdays to play darts at a local pub.Lorraine works in the unit in Accounting that handles Accounts Receivable. What type of team is this most likely to be?
A. Leadership team
B. Self-directed team
C. Virtual team
D. Task force team
E. Departmental team
Business
1 answer:
likoan [24]3 years ago
7 0

Answer:

The correct answer is (E)

Explanation:

Lorraine, sally and Jonas all three work in a different department but they team up to provide recommendations to upper management that makes them a departmental team. The departmental team is a team which consists of employees working in different departments who have a similar set of skills, thoughts and reputation. In a departmental team, these people work together to achieve a common goal.

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Suppose you bought 400 shares of stock at an initial price of $53 per share. The stock paid a dividend of $0.58 per share during
GuDViN [60]

Answer:

Gain per share = $1.58

Total dollar return on investment = $632

Explanation:

In order to calculate the total dollar return on investment we will first calculate the dollar return on one share and then multiply it by the total number of shares.

Share was bought at the initial price of 53 and it paid a dividend of 0.58 and sold for 54. Gain = Selling Price-Buying Price + Dividend.

Gain per share = 54-53+0.58=1.58

Total dollar return= 1.58*400=$632

8 0
4 years ago
A system that keeps only a fraction of funds on hand and lends out the remainder
GarryVolchara [31]
Fractional reserve banking
6 0
3 years ago
Select the correct text in the passage.
mojhsa [17]

Answer:  With every test, Thomas went on making changes to his new product.

Explanation: key word test he is testing and that is what you do with a prototype

7 0
3 years ago
In the short run, with predetermined prices, when output is greater than planned aggregate expenditures:
katen-ka-za [31]

Answer:

The decrease in production, is the right answer.

Explanation:

The decrease in production because if the output is more than planned aggregate expenditure then the equilibrium point will be at a lower point. Thus, in order to reach the equilibrium level, the production has to decrease. Moreover, if the output is lower than the planned aggregate expenditure then the production should be increased to reach the equilibrium point.

5 0
4 years ago
When reported in financial statements, a LIFO allowance account usually:
son4ous [18]

Answer: 2

Explanation: The LIFO is known as last in and first out. It is when the last purchased inventory is sold first.

The LIFO allowance account is derived by subtracting LIFO inventory carrying amount from what the inventory would have been under THE FIFO inventory system.

Therefore, LIFO reserves + LIFO inventory = FIFO inventory system.

FIFO is known as the first in, first out inventory system. It is when the inventory purchased first is disposed of first.

The LIFO allowance account is required to be disclosed by the US GAAP. It is recorded either in the balance sheet or in the notes to the financial statement.

I hope my answer helps.

Goodluck

6 0
3 years ago
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