Which of the Following Statements Is True

question 34

Multiple Choice

Which of the following statements is true?

• A) A team qualifies as a group only if its members focus on helping one another accomplish organizational objectives.
• B) The terms "group" and "team" are not synonymous.
• C) A team consists of any number of people who interact with one another, are psychologically aware of one another, and think of themselves as a team.
• D) Not all teams in organizations are groups, but all groups are teams.
• E) A team is a group whose members influence one another toward the accomplishment of an organizational objective.

Comprehend the causes of accounting exposure to changes in foreign exchange rates.

Grasp the impact of currency realignment on the earnings ability of a foreign operation.

Determine the primary factors for choosing a functional currency.

Understand the differences between the temporal method and the current rate method in financial translation.

---

Definitions:

Fewer Errors

A reduction in mistakes or inaccuracies, often resulting in improved efficiency, quality, or performance in various contexts.

System 1

A term often used in psychology to describe the fast, automatic, and emotional way of thinking, as opposed to the slower, more logical thinking of System 2.

Decision Making

The process of selecting among alternatives to achieve a goal or solve a problem.

Fairness Concerns

Issues or discussions surrounding the equitable treatment, distribution of resources or opportunities, and justice in societal, economic, or individual contexts.