One Implication of Goal-Setting Theory Is That Goals Should Be

question 162

Multiple Choice

One implication of goal-setting theory is that goals should be:

• A)set by top management.
• B)relatively easy to achieve.
• C)set at a level that slightly exceeds the ability of workers to achieve them.
• D)set through a process that involves everyone within the organization.

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Definitions:

End-of-period Spreadsheet

A financial document summarizing a company's financial data at the end of an accounting period, including assets, liabilities, and equity.

Income Statement

The income statement is a financial document that shows a company's revenues, expenses, and net income over a specific period.

Statement of Owner's Equity

A financial statement that outlines the changes in the equity of a company or individual over a specific period, detailing contributions, withdrawals, and the overall profit or loss.

End-of-period Spreadsheet

A tool used in accounting to compile all account balances and adjustments at the end of a period in order to prepare financial statements.