The ______ contract consists of topics that one develop as part of an official professional agreement.
a. formal
b. informal
c. psycholocial
d. dialogic
a. formal
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When members of a group are friendly and tight-knit but unable to disagree enough to properly appraise alternatives, they are said to be experiencing
A. paradigm paralysis. B. groupthink. C. social loafing. D. the dialectic method. E. devil's advocacy.
Which of the following ethical issues is/are pertinent in developing an approach?
A) When a client solicits proposals, not with the intent of subcontracting the research, but with the intent of gaining the expertise of research firms without pay, an ethical breach has occurred. B) The research firm has the ethical obligation to develop an appropriate approach. C) Proprietary models and approaches developed by a research firm are the property of that firm and should not be reused by the client in subsequent studies without the permission of the research firm. D) All of the issues are pertinent.
The September 30, 2014, physical inventory of Pollack Corporation appropriately included $6,300 of merchandise purchased on account that was not recorded in purchases until October 2014 . What effect will this error have on September 30, 2014, assets, liabilities, retained earnings, and earnings for the year then ended, respectively?
a. Understate; no effect; overstate; overstate b. No effect; overstate; understate; understate c. No effect; understate; overstate; overstate d. No effect; understate; understate; overstate
Under current accounting guidance, the employer consolidates the assets and liabilities of the firm's pension plan with its own assets and liabilities
Indicate whether the statement is true or false