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katovenus [111]
3 years ago
11

When preparing to work on a project, teams should name a meeting leader to plan and conduct meetings, a recorder to keep a recor

d of group decisions, and an evaluator to determine whether the group is on target and meeting its goals.
True or False?
Business
1 answer:
vesna_86 [32]3 years ago
4 0

Answer:

The statement is: True.

Explanation:

Teams tend to have more effective results when they select a leader, recorder, and evaluator. Those characters will play an important role to control and measure the team's performance that will lead them to achieve their objectives. The <em>leader </em>should guide the team whenever the members gather, the <em>recorder </em>registers the most relevant information of every meeting, and the <em>evaluator </em>measures the advance of the project with the help of the leader.

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3 years ago
in forward and futures contracts, the risk of non-fulfilment of contract terms is most likely borne by:
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<h3>What are forward and futures contracts?</h3>

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2 years ago
Madison Inc. reported sales of $1,000,000, a debit balance in Accounts Receivable of $80,000, and a credit balance of $5,000 in
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Answer:

Accounts Receivable  $80,000,

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Allowance for Doubtful Accounts $5,000 credit

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Allowance for Doubtful Accounts $4,200 credit

Two entries will be required

For recording Bad debts Expense

Bad Debts Expense $ 800 Dr

Allowance for Doubtful Accounts $ 800 credit

Adjusting Entry at year end.

Allowance for Doubtful Accounts $ 800 Debit

Account Receivables                   $ 800 Credit

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A

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