Collaboration

Conference Call
A conference call is a telephone call that allows multiple lines to be connected simultaneously, enabling three or more participants to communicate in real-time. It is also known as a three-way call or multi-party call.
Cross-Functional Teams
Cross-functional teams are employee teams consisting of individuals from two or more functional organizational areas who work together to achieve a common goal.
Intranet
An Intranet is a private network that is confined to a single organization, designed primarily to facilitate internal communication, collaboration, and document sharing.
Open Source Software
Open source software is software with source code that anyone can inspect, modify, and enhance. It is different from proprietary software, which has its source code concealed from the public and can only be modified by personnel from the developing organization.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.