In a short essay, describe the characteristics of virtual teams
What will be an ideal response?
Answer: Virtual teams use computer and electronic technology to link physically dispersed members in order to achieve a common goal. In a virtual team, members collaborate using communication links such as wide area networks, screen-sharing technology, videoconferencing, email, and websites. In a virtual team, team members may never meet one another in person even though they can be close collaborators on an ambitious and complex project.
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An audit document that reflects the major components of an amount reported in the f financial statements is referred to as a
a. Lead schedule b. Supporting schedule c. Audit control account d. Working trail balance
Just-in-time processing is a business philosophy that focuses on reducing time and cost and eliminating poor quality. This is accomplished in manufacturing and non-manufacturing processes by:
A) moving a product from process to process as each function is completed B) combining processing functions into work centers and cross-training workers to perform more than one function C) having production supervisors attempt to enter enough materials into manufacturing to keep all manufacturing departments operating D) having workers typically perform one function on a continuous basis