The similarity between monolithic organizations and pluralistic organizations is that
A. minority group members tend to be clustered at certain levels in both these organizations.
B. they fully integrate minority group members both formally and informally.
C. discrimination and prejudices are nonexistent in these organizations.
D. conflict among groups is very low in these organizations.
E. they do not employ people from minority groups.
Answer: A
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Which of the following statements regarding the requirement to follow U.S. GAAP in financial reporting is true?
A) U.S. GAAP has been adopted as federal law, so failure to follow U.S. GAAP is prosecuted through the federal court system. B) U.S. GAAP has been adopted as state law in all 50 states, so failure to follow U.S. GAAP is prosecuted through the state court system. C) U.S. GAAP represents a set of professional standards, and the requirement to follow U.S. GAAP is enforced through the AICPA Code of Professional Conduct. D) Compliance with U.S. GAAP is not enforced; it is a voluntary choice made by most companies and by most professional accountants
If the world price is $40, a specific tariff of $10 is equivalent to an ad valorem tariff of
a. $10. b. $20. c. 20 percent. d. 25 percent.
A college plans to interview 7 students for possible offer of graduate assistantships. The college has three assistantships available. How many groups of three can the college select?
What will be an ideal response?
________ refers to the expected proceeds from converting an asset into cash.
Fill in the blank(s) with the appropriate word(s).