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

question 32

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 through a process that involves everyone within the organization.
• D)set at a level that slightly exceeds the ability of workers to achieve them.

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Definitions:

Direct Method

A way of presenting a cash flow statement where actual cash flows from operating activities are disclosed directly.

IFRS

International Financial Reporting Standards, a set of accounting rules and standards that dictate how financial statements should be reported and are recognized globally.

GAAP

Stands for Generally Accepted Accounting Principles, a standard framework of guidelines for financial accounting.

Operating Cash Flows

The cash generated from the core business activities of a company in a given period, as opposed to cash flows from investing or financing activities.