Which of the following is true of teams?
A) A team consists of two or more people who work independently, with distinct goals and strategies.
B) A team works over some time period to accomplish common goals related to some task-oriented purpose.
C) Groups are formed with a specific purpose in mind, while teams do not have a specific goal.
D) The members of a team operate relatively independently of each other, and other members are not essential to their accomplishment of goals.
E) Interactions among members within teams are more personal and informal than interactions between people in groups.
B
Explanation: B) A team consists of two or more people who work interdependently over some time period to accomplish common goals related to some task-oriented purpose.
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A) certification B) assertion C) certificate D) attribute
Which of the following is not an underlying principle of accrual accounting?
A) measurement B) monetary unit C) revenue and expense recognition D) recognition