Answer the following statements true (T) or false (F)
1. A number of studies show that individuals perform better when given easier-to-reach objectives, as they are less likely to become frustrated and give up.
2. One of the must criteria in setting objectives is that they be participatively set.
3. Management by objectives has four steps.
4. Communication is the key factor in determining MBO’s success or failure
1. False
2. False
3. False
4. True
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When a corporation issues stock for noncash assets, it records the transaction at the fair market value of the assets or of the stock, whichever can be more clearly determined
a. True b. False Indicate whether the statement is true or false
Refer to the following diagram. Which of the following answers provides the best interpretation of the multiplicities for the association between the Cash Receipt and Cash classes?
A. Each order increases accounts receivable. B. Some cash receipts are not deposited into a bank account. C. Each cash receipt is deposited into one bank account. D. The company only has one bank account.
Compound words usually begin as two or more separate, often ____________ words
a. similar b. synonymous c. homogenous d. unrelated
Which of the following statements is true of a limited liability partnership (LLP)?
A. It does not need to distinguish between limited and general partners. B. The amount of liability protection offered by LLPs varies among states. C. All partners of an LLP cannot take an active role in management. D. It is completely different from a limited partnership.