According to researchers, a cohesive team is always a high performance team.
Answer the following statement true (T) or false (F)
False
Is a cohesive team necessarily a good team? According to researchers, the answer to this question is no. In highly cohesive teams, members may try to maintain harmony by striving toward consensus on issues without ever offering, seeking, or seriously considering alternative viewpoints and perspectives.
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Black Cow Company bought merchandise on account from Lubbock Transport, invoice no. 3450, $1,650, terms 2/10, n/30 . Using the periodic inventory system, Black Cow Company would record a
a. credit to Purchases. b. debit to Purchases. c. debit to Accounts Payable, Lubbock Transport. d. credit to Cash.
Roger, an individual, owns a proprietorship Green Options. For the year 2019, Roger reports the following items: ? Business income—$200,000.? Business expense—$150,000. ? Loss on a completely destroyed business machine. The machine had an adjusted basis of $25,000 and a fair market value of $20,000.? Loss on a business truck. The truck had an adjusted basis of $8,000. The repairs to fix the truck cost $10,000. Determine Roger’s adjusted gross income for 2019.
What will be an ideal response?
A reference to another auditor under U.S. auditing standards may result in which of the following?
a. A disclaimer of an audit opinion. b. A qualified audit opinion. c. An adverse opinion. d. An unqualified audit opinion with modified wording for all three paragraphs.
In managing up, the burden is on the ______ to develop the relationship.
a. manager b. leader c. follower d. individual who most desires the relationship