which of the following is true of accountability course hero

What is accountability in the workplace?

In the workplace, accountability for a team's performance should be based on a formal assessment of the team's actual performance compared with its expected performance as set forth in the charter. This comparative assessment is the first component in the accountability equation for team leaders. The second component is the team leader's regular, periodic performance appraisal.

How to improve accountability in teams?

The more teammates hold each other accountable, the less supervision is required to get the job done. Reinforce peer accountability. When a team leader sees peer accountability at work, that person should encourage it through positive reinforcement.

What should a team leader tell their team members about peer accountability?

Team leaders should tell their team members that peer accountability is expected and talk with them about it. For team members, the opportunity to talk about peer accountability is an important prerequisite to accepting it. Team members need to understand that not only do they have a right to hold each other accountable, they have a responsibility to do so, because their performance depends on that of other team members.

Why is peer accountability important?

Team members need to understand that not only do they have a right to hold each other accountable, they have a responsibility to do so, because their performance depends on that of other team members.

Why are ground rules important?

The ground rules are as important for assessing the performance of team members as the charter is for assessing the performance of the team leader. Formal accountability. Formal accountability involves two processes: (1) written evaluations of the team's performance based on accomplishment of the team's charter and ...

Why is it important to include team leadership in periodic performance appraisals?

It is important to include team leadership as part of these periodic performance appraisals, even if it means revising the company's performance appraisal forms.

What is the most fundamental rule of leadership?

The most fundamental rule of leadership is to set a positive example for those you lead. The team leader who expects team members to be honest with each other must be scrupulously honest with them. The team leader who expects punctuality must be consistently punctual herself.

Which body has the responsibility for setting accounting and financial reporting standards?

8. The Financial Accounting Standards Board has the responsibility for setting accounting and financial reporting standards for:

What is the role of the Governmental Accounting Standards Board?

The Governmental Accounting Standards Board is assigned responsibility for setting accounting and financial reporting standards for: B. State and local government entities and governmentally-related units and agencies, such as utilities, authorities, hospitals, and colleges. 8.

What is the FASAB rule?

Federal accounting and reporting standards issued by the FASAB: Are considered authoritative guidance for the federal government and its agencies and departments under Rule 203 of the AICPA Code of Professional Conduct , as well as under the GAAP hierarchy promulgated by the FASAB.

What is the Federal Accounting Standards Advisory Board?

The Governmental Accounting Standards Board (GASB) has the authority to set accounting and financial reporting standards for all of the following except: The federal government and its agencies and departments.

Why is financial reporting important?

Financial reporting by state and local governments should be useful in making economic, social, and political decisions, and in assessing accountability by: Assisting in determining compliance with finance-related laws, rules, and regulations.