A performance management system
a. Is concerned solely with the overall goals of the organization
b. Is an organization-wide process that links the organization's goals to individual's goals
c. Is something management should explore
d. Is a technology solution for dealing with employee problems
b
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Which of the following statements is true?
a. The method of preparing the operating activities section of a statement of cash flows which adjusts net income to remove the effects of deferrals and accruals for revenues and expenses is the direct method. b. The method of preparing the operating activities section of a statement of cash flows which reports major classes of gross cash receipts and cash payments for revenues and expenses is the indirect method. c. The FASB prefers the indirect method of preparing the operating activities section of the statement of cash flows. d. Most companies use the indirect method of preparing the operating activities section of the statement of cash flows.
Rajiv offered his team a bonus if the team completes the project 1 week ahead of time. Rajiv is using ______ as an incentive
A. piecework plan B. variable pay C. commission D. profit sharing
Which of the following statements best describes the contemporary work environment?
A) People can show up, do an OK job, and have a good career. B) More than ever, people are held accountable for getting results. C) Managers must be numbers-oriented to succeed. D) Visionaries are considered disruptive in today's work climate. E) If a manager is not charismatic, he or she cannot advance.
Which of the following tax effects becomes more restrictive if an election is made to file a group's Federal corporate income tax returns on a consolidated basis?
a. Choice of members' tax accounting methods b. Use of the lower tax rate brackets. c. Use of the $40,000 AMT exemption. d. Members who are liable for the consolidated tax liability.