Which of These Statements About Teams Is FALSE

question 229

Multiple Choice

Which of these statements about teams is FALSE?

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

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Definitions:

Beginning of the Year Balance

The amount of money or value of an account at the start of a fiscal year before any transactions have been accounted for.

Parent-Subsidiary Relationship

A corporate structure where one company (the parent) controls another company (the subsidiary) by owning a majority of its stock.

Common Stock

Common Stock represents ownership shares in a corporation, giving holders voting rights and a share in the company’s profits via dividends.

Cost Method

An accounting approach where investments are recorded at their acquisition cost, without subsequent change for market value fluctuations.