The GASB Concept Statement on Service Efforts and Accomplishments Reporting

question 102

True/False

The GASB Concept Statement on Service Efforts and Accomplishments Reporting encourages state and local governments to include inputs of nonmonetary resources in their financial reporting.

---

Definitions:

Required Motivation

The necessary drive and incentive needed to encourage employees or individuals to achieve goals and perform tasks.

Necessary Abilities

The essential skills and competencies required to perform tasks or fulfill roles effectively.

Subordinates

Refers to employees or team members who are positioned lower in the organizational hierarchy and report to supervisors or managers.

Performance Information

Data and insights related to the effectiveness and outcomes of an individual’s or organization’s work activities, used for evaluation and improvement purposes.