The factor for the present value of an annuity at 8% for 10 years is 6.7101. This implies that an annuity of ten $15,000 payments at 8% yields a present value of $2,235.
Answer the following statement true (T) or false (F)
False
$15,000 × 6.7101 = $100,651.50
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The 360-degree review process is conceived largely as a leader development process. It is desirable for leaders to receive and learn from feedback from a variety of hierarchical and lateral sources, including bosses, subordinates, peers, and customers. An emphasis is placed on upward feedback. It can also include self-perceptions or self-evaluations. Everything is collected and put into a report, which is delivered to the recipient. The intent is for the receiver of the report to accept it and use it to improve his/her performance.
What will be an ideal response?
All of the following are characteristics of a production report except:
a. It includes the number of units completed during the period. b. It includes the costs incurred by the department during the period. c. It includes the number of units in ending work-in-process and the estimated stage of completion. d. The department manager completes the report on a monthly basis.
Residual income is an example of a ____ performance measurement
a. long-term b. short-term c. qualitative d. profit center
According to the text, which of the following is a reason why the use of teams in organizations has increased over the past few decades?
A. Leaders like teams better. B. Teams thwart creative solutions. C. Teams build commitment to the implementation of innovative ideas. D. Teams are easier to manage than individuals.