Which of these is not a reason that goal setting motivates team members?
A) It clarifies what must be done to get results.
B) It makes explicit what is expected of team members.
C) It portrays the operational technology in understandable terms.
D) Simply setting goals and monitoring them seems to motivate individuals.
C
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Which of the following statements pertaining to an agent's handling of premium money is NOT correct?
A) An agent may spend premium money for his personal use. B) An agent holds premium money for the insured; the money belongs to the insurer. C) An agent who violates regulations concerning handling premium money may be charged with embezzlement or mishandling funds. D) An agent must not make personal use of premium money received from policyowners."
A futures contract is:
A) selling two investments that are both expected to lose in the future B) buying two investments that are both expected to make a profit in the future C) taking two positions whose gains and losses will offset each other D) an agreement to buy or sell a commodity or financial asset at a specified price on a later date