Answer the following statement(s) true (T) or false (F)
1. Teams often have some degree of self-management and authority.
2. Teams cannot offset personal biases and blind spots.
3. When teams are well managed, they tend to be more motivated and creative and learn faster
4. Heterogeneous groups are more likely to face conflict and disagreement.
5. Peripheral norms are key to the group’s identity, goals, and survival.
1. True
2. False
3. True
4. True
5. False
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A not-for-profit organization published a monthly magazine that had 15,000 subscribers on January 1, 2013. The number of subscribers increased steadily throughout the year and on December 31, 2013, there were 16,200 subscribers. The annual magazine subscription cost was $10 on January 1, 2013 and was increased to $12 for new members on April 1, 2013. Subscriptions are paid in full at the beginning of the member term. An auditor should expect that the revenue from subscriptions for the year ended December 31, 2013, would be approximately:
A. $179,400. B. $164,400. C. $163,800. D. $171,600.
Which –of the following are the two possible responses to a questionnaire?
A) open-ended and segmented B) open-ended and fixed C) fixed and segmented D) close-ended and fixed
RNI is a parsimony fit index
Indicate whether the statement is true or false
A company made no adjusting entry for accrued and unpaid employee wages of $28,000 on December 31. This oversight would:
A. Have no effect on net income. B. Understate assets by $28,000. C. Overstate assets by $28,000. D. Understate net income by $28,000. E. Overstate net income by $28,000.