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Employees Are Always Motivated to Work Towards the Company's Goals

question 46

True/False

Employees are always motivated to work towards the company's goals when budgets are handed down from top management as employees rarely have the time or the inclination to become involved in the budgeting process.

Analyze the role of accounting numbers and performance evaluation systems in decision making and monitoring within firms.
Understand the economic principles underlying firms' and markets' operations.
Comprehend the significance of legal systems and property rights in the functioning of firms and markets.
Identify solutions to reduce agency problems and align the interests of principals and agents.

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