Which of the Following Statements About Setting Goals Is True

question 2

Multiple Choice

Which of the following statements about setting goals is true?

• A) Stating goals assures that employees accept and are committed to fulfilling them.
• B) Offering rewards is a weak means to obtain goal commitment.
• C) Participation reduces employee commitment to goals.
• D) Setting specific goals stagnates employee innovation.
• E) None of the above

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, due to past transactions or events.

Net Assets

The residual interest in the assets of an entity after deducting its liabilities, essentially representing the owners' equity.

Balance Sheet Approach

A method of estimating an organization's value based on the assets, liabilities, and equity recorded in its balance sheet.

Allowance for Doubtful Accounts

A contra asset account used to estimate the amount of receivables that may not be collectible.