Benchmarks for performance measures may be monetary or non-monetary
Indicate whether the statement is true or false
T
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Answer the following statements true (T) or false (F)
1. Being effective means doing things right so as to maximize the utilization of resources. 2. Yuze delivered a comprehensive and well-formatted budget spreadsheet to his boss. Unfortunately, his boss had actually expected a written report rather than a spreadsheet. While Yuze was certainly efficient, his work was not effective. 3. In a WSJ/Gallup poll, corporate executives identified industriousness, integrity, and political savvy as the three most important qualities of a manager. 4. Technical skills are more important for employees than managers, and they vary widely from job to job.
Fact Pattern 37-1ADesi starts up eSites, an Internet service, and leases office space in a building owned by Fred. The lease requires Desi to pay Fred a base rental of $1,250, plus 10 percent of eSites' profits, each month. The term is two years. Desi hires Gwen to work at eSites' tech support desk at an hourly wage of $12.50, plus a commission of 10 percent of the profits. The term is also two years.Refer to Fact Pattern 37-1A. Desi and Fred are
A. not partners, because Fred does not have an ownership interest or management rights in eSites. B. not partners, because the lease includes a "base rental." C. not partners, because the rent includes only 10 percent of the profits. D. partners in a partnership for two years.
What is a banner ad?
A. an ad that runs on a Web site B. an ad attached to the back of an airplane C. an ad that runs in the newspaper D. an ad that is attached to an email
You are deciding whether to start a 40-year retirement investing plan now, or ten years from now. You think rates of return will be about the same in the future as they are now. Discussion in the text of this decision shows
A) very little difference in the future value of an investment made now versus one made 10 years from now. B) an investment made now will accumulate about 20% more (at a 10% rate of interest, compounded annually) than the investment made later. C) the same facts as in response b, but the accumulation is only 10% greater. D) that you will accumulate more in the additional 10 years than you do for the first 30 years.