Which of These Statements About Teams Is FALSE

question 166

Multiple Choice

Which of these statements about teams is FALSE?

• A)All groups are teams.
• B)Team members influence each other, although some members are more influential than others.
• C)Teams are held together by their interdependence and need for collaboration to fulfill goals.
• D)All teams exist to fulfill some purpose.
• E)Team members perceive themselves as a social entity within the organization.

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Definitions:

Equipment (Net) Account

The value of a company's equipment after accounting for depreciation or amortization.

Consolidated

The combination of financial statements of a parent company and its subsidiaries into one comprehensive financial statement, presenting the business as a single economic entity.

Fair Value

The value obtained or paid in the process of selling an asset or managing a liability within a planned negotiation among market contributors on the valuation day.

Goodwill

An intangible asset that arises when a business is purchased for more than the fair value of its net identifiable assets, reflecting factors such as brand, customer base, and reputation.