Based on the competing values framework, which type of culture is a welcoming place, where employees openly share and form strong personal relationships, leaders tend to be perceived as mentors and coaches who focus on bringing out the best in each of their employees, and the success of the company is gauged against the performance and satisfaction of their employees?
A. the hierarchy culture
B. the adhocracy culture
C. the market culture
D. the clan culture
D. the clan culture
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How must an auditor address fraud in the planning stage?
a. The auditor must test for fraud in the planning stage by sampling accounts. b. The auditor must consider the likelihood of fraud existing in the company in the planning stage. c. The auditor must realize that most people are honest and not automatically assume that fraud exists when planning the audit. d. The auditor must not be aggressive in its initial approach to fraud as trust may be lost by the client.
Which feeling below is an example of positive affect?
A. cheerfulness B. empathetic C. lethargy D. self-esteem
In an ethical decision-making workshop, what is each team’s task after all the teams have first shared their decisions and had a discussion with the full workshop?
a. Separate into individual actors and write assessments of the overall discussion. b. Return to their same teams and develop a new answer that addresses all concerns. c. Return to their same teams, consider all the addressed concerns, and develop a ‘win- win’ solution. d. Return to their same teams and have the devil’s advocate come up with a solution that incorporates aspects of their own decision and other team’s decisions.
In Lone Mountain Processing v. Secretary of Labor, a mining firm railed to respond to a citation from the Mine Safety and Health Administration (MSHA) for regulatory violations within 30 days, so the citations became final. The firm protested the refusal to reconsider the matter after 30 days. The appeals court held that under federal law responses must be filed within 30 days or there could be
no review. a. True b. False Indicate whether the statement is true or false