Which One of the Following Is NOT a Necessary Factor

question 41

Multiple Choice

Which one of the following is NOT a necessary factor for a successful management by objectives (MBO) program?

• A)Management must follow through on employee performance evaluations by rewarding employees accordingly.
• B)Top management must be committed to the MBO process and set appropriate objectives for the organization.
• C)Managers and subordinates together must develop and agree on each individual's goals.
• D)Employee performance should be conscientiously evaluated against established objectives.
• E)Managers must conclude automatically that employees have produced at an acceptable level because they have reached their objectives.

Identify the principles and assumptions underlying the preparation of financial statements.

Understand the concepts of revenue, expenses, and equity in accounting.

Understand the basic concepts of assets, liabilities, and stockholders' equity and their roles in the accounting equation.

Identify and differentiate between various types of transactions and their impact on the accounting equation.

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Definitions:

Fazio-Londe Disease

A rare, inherited motor neuron disease that primarily affects children and young adults, leading to progressive muscle weakness.

Vitamin E

A group of eight fat-soluble compounds that include four tocopherols and four tocotrienols, known for its antioxidant properties.

Oculomotor Nerves

Cranial nerves involved in eye movements, responsible for controlling most of the eye's movements, along with the constriction of the pupil and maintaining an open eyelid.

Eyelid

A thin fold of skin that covers and protects the human eye.