Service Efforts and Accomplishments Reporting is intended to communicate information about the effectiveness of governmental services.

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


True

Government and not-for-profit effectiveness cannot be expressed solely in financial terms. Effectiveness in nonbusiness organizations must be measured in terms of the quality of the service provided or the extent to which an organization fulfills its mission. For this reason, many governments and not-for-profits report nonfinancial information in addition to their financial statements. The framework for combining this information is termed Service and Accomplishments reporting.

Business

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Three months before year-end, Billings Company signed a $100,000, 12%, 6-month note. Principal and interest will be paid at maturity. No interest should be accrued at year-end because the company has no obligation to pay the interest until the note matures

a. True b. False Indicate whether the statement is true or false

Business

After establishing that the organizational matrix is appropriate for a business, what should management expect as to the integration of basic competencies on a worldwide basis?

What will be an ideal response?

Business

Which of the following is FALSE concerning teams?

a. A group must go through a developmental process to begin functioning as a team. b. Team members need training in problem solving, goal setting, and conflict resolution. c. The self-directed work team can become the basic organizational building block to help assure success in dynamic global competition. d. Skills for successful participating in team environments are the same as those for success in traditional organizations.

Business

Brandon has developed a line of clothing accessories and has lined up the production and financing. Next, he is preparing to reach out to the ultimate customer. He has spoken to several stores that have agreed to carry these products, and he has narrowed his options to specialty and department stores. What factors must Brandon now address?

What will be an ideal response?

Business