Individualized performance goals reduce competition and improve the functioning of teams in which cooperation among members is essential for group performance.
Answer the following statement true (T) or false (F)
False
Individual performance goals can be dysfunctional if people work in a group and cooperation among team members is essential to team performance. Individualized goals can create competition and reduce cooperation. If cooperation is important, performance goals should be established for the team.
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Copper, Inc purchased merchandise worth $1,800 on credit, terms n/30. What is the required journal entry to record the transaction under the periodic inventory system?
A) Accounts Receivable 1,800 Purchases 1,800 B) Purchases 1,800 Accounts Payable 1,800 C) Merchandise Inventory 1,800 Accounts Payable 1,800 D) Accounts Payable 1,800 Merchandise Inventory 1,800
Vanguard Group is very careful about acquiring the right type of customer
Indicate whether the statement is true or false
John contracts with Kelly to buy a certain number of cattle for Kelly's Circle K ranch. John makes a deal with Lawson, the owner of a local herd, and makes a down payment. Kelly fails to pay the rest of the price. Lawson sues John for breach of contract. John's right to hold Kelly liable for any damages that he has to pay is the right of A) compensation
B) cooperation. C) indemnification. D) reimbursement.
Every mutual fund has a stated investment objective. Disclosure of the investment objective is required by the SEC, and is used to classify a mutual fund into one of several categories
Briefly explain the investment objective of each of the following categories. (a) growth funds (b) aggressive growth funds (c) equity-income funds (d) balanced funds What will be an ideal response?