When the matrix structure is used, employees report to more than one supervisor.

Answer the following statement true (T) or false (F)


True

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Suppose the federal funds rate is 4.4 percent and you know that the Fed is following the Taylor rule. You don't know the Fed's inflation target, but the equilibrium real interest rate is 4 percent, the inflation rate is 3 percent, the weight on the GDP gap is 0.4, the weight on the inflation gap is 0.6 and nominal GDP is 2 percent points below its target. Calculate the Fed's inflation target from this information. ?

What will be an ideal response?

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The accounting projects portion of the FASB's conceptual framework project deals with all of the following except

A) how elements should be measured B) when various elements should be reported C) which accounting elements should be reported D) how financial reports should be displayed

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Financial performance measures are useful in reducing waste and inefficiencies in operating activities

Indicate whether the statement is true or false

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Answer the following statements true (T) or false (F)

SFAS No. 106 requires a liability be recognized related to OPEB only if a legal obligation exists.

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