Consider the following statements: Behavioral scientists find that perfection standards often discourage employees and result in low worker morale.
Practical standards are also known as attainable standards.
Practical standards incorporate a certain amount of inefficiency such as that caused by an occasional machine breakdown.
Which of the above statements is (are) true?
A. II only.
B. I, II, and III.
C. I only.
D. II and III.
E. III only.
Answer: B
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A formal budget program will almost always result in:
A. higher sales. B. decreased expenses. C. a detailed plan against which actual results can be compared. D. improved profits. E. more cash inflows than cash outflows.
Under the modified cash basis,
a. there are no prepaid assets; b. there are no long-term assets; c. expenses are recognized when incurred; d. there is no accounts receivable account; e. the accounts payable account is used to recognize all services received on account.
People overemphasize the success of work teams because:
a. There is no research to suggest otherwise. b. Teams are better than individuals at most all organizational tasks. c. Of the psychological benefits of teamwork. d. Their implementation is one of the most common organizational changes in the last two decades.
The Computer Fraud and Abuse Act makes the accidental transmission of computer viruses illegal
a. True b. False Indicate whether the statement is true or false