Which of the following statements is true regarding flexible work teams?
A) Flexible work teams typically consist of members of the top-management team.
B) A department head assigns a task to a flexible work team.
C) Flexible work teams are typically used as a quick fix that can turn an organization around overnight with the help of a radical innovation.
D) Flexible work teams are self-managed.
D
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The terms of payment for a note receivable are generally longer than that of an account receivable
Indicate whether the statement is true or false
An audit is
A. Performed by the firms private bookkeepers B. Not necessary if the firm used accepted bookkeeping procedures C. Required by many leaders who are trying to validate a firms accounting statements D. A waste of the firms resources E. A guarantee that a firm hasn't "cooked" the books