In Carl Larson and Frank LaFasto's Three-Year Study of Characteristics

question 63

True/False

In Carl Larson and Frank LaFasto's three-year study of characteristics of highly effective groups,"the ability to change group norms" was included in their list of eight key characteristics..

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Definitions:

Permanent Accounts

The balance sheet accounts that carry their ending balances into the next accounting period.

Accounting Period

A specific time period at the end of which an organization prepares financial statements.

Balance Sheet Accounts

Accounts that make up the financial statement showing a company's assets, liabilities, and equity at a specific point in time.

Statement of Stockholders' Equity

A financial document that shows changes in the value of a company's equity over a period, including shares issued, dividends, and earnings.