Up to this point, everyone was agreeing with whatever the team leader suggested. Fearing the team was suffering from ______, Mr. Chase purposely brought up divergent perspectives and approaches and asked team members to share their thoughts on them
A) groupthink
B) affective conflict
C) de-escalation
D) cognitive conflict
A
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Believers favor stylish products that emulate the purchases of those with greater material wealth
Indicate whether the statement is true or false
A credit memorandum for $42 (sales price of merchandise, $40; sales tax, $2) was issued to a customer for goods returned that had been purchased on account. To properly enter this transaction, Sales would be debited for
a. $2; b. $40; c. $42; d. the amount of the original sale; e. $0 because Sales should not be debited.
Which of the following is not a purpose of documentation?
A. Establishing accountability. B. Describing current processes. C. Training. D. Determining staffing.
Pilsner Company. converts its foreign subsidiary financial statements using the translation process. The company's subsidiary in the Czech Republic reported the following for 2014: revenues and expenses of 25,000,000 and 18,500,000 koruna, respectively, earned or incurred evenly throughout the year, dividends of 1,500,000 koruna were paid during the year. The following exchange rates are
available: On January 1 . 2014 .................................... $.040 On December 31 . 2014 .................................. .030 Average rate for 2014 ................................. .035 Rate when dividends were declared and paid ............ .031 Translated net income for 2014 is a. $148,500. b. $227,500. c. $175,000. d. $195,000.