An unmodified audit opinion rendered on a government unit's basic financial statements means those statements:
A. Have been certified as free from error.
B. Present the entity's financial position fairly in conformity with GAAP.
C. Did not require modifications by the auditor.
D. All of these choices are correct.
Answer: B
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When a manager realizes that complete inaction will have negative consequences but opts for the first available alternative that involves low risk, it is called
A. relaxed change. B. defensive avoidance. C. postponed action. D. relaxed avoidance. E. delayed decision.
Which of the following is the understanding that innovation occurs in phases and intrinsic motivation may be more important during the idea generation phase?
A. extrinsics in service of intrinsics B. intrinsics in service of extrinsics C. creative modeling D. motivation-work cycle
The GE Business Screen portfolio model evaluates businesses on the dimensions of market attractiveness and business position.
Answer the following statement true (T) or false (F)
Which of the following is a problem associated with arbitration?
A) The arbitrators are chosen based on the demographics of the disputants. B) Allegations of race, sex, and age discrimination cannot be annexed to arbitration. C) Arbitration allows industries to hide its disputes from the public. D) Disputes involving intellectual property rights cannot be resolved through arbitration.