What Are at Least Four Reasons Why SMART Goals Motivate

question 3

Essay

What are at least four reasons why SMART goals motivate? First,goals give direction.Second,goals energize people and tell them not to stop until they reach that point.Third,having a goal provides a challenge.Finally,SMART goals urge people to think outside the box and rethink how they are working.Medium;Knowledge

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Definitions:

Closing Rate

The exchange rate at the balance sheet date used to convert foreign currency denominated financial statements into the presentation currency.

Functional Currency

The currency of the primary economic environment in which an entity operates, typically used in its financial reporting.

Historical Cost

The original monetary value of an asset or investment at the time of its purchase, not adjusted for inflation or other factors over time.

Current Rate Method

In accounting, a method for converting the financial statements of a foreign subsidiary to the parent company's currency by applying the current exchange rate to all assets, liabilities, equity, income, and expenses.