Rita Fuller and Robert Morgan are contending parties to a lawsuit involving the division of the inheritance from their grandmother. They wish to settle their case out of court. Rita and Robert engage in discussions and bargaining in the presence of their attorneys and finally conclude that Robert keeps 60 percent of the inheritance and Rita gets the remainder. In this scenario, the ________ method of alternative dispute resolution is used.
A. negotiation
B. arbitration
C. mini-trial
D. mediation
Answer: A
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The effect of recording depreciation for the year is a(n)
a. decrease in assets and a decrease in net income. b. decrease in assets but no change in owners' equity. c. increase in assets and an increase in net income. d. decrease in net income and no change in assets.
Congress authorized which of the following organizations to establish generally accepted accounting principles?
a. SEC. b. APB. c. AICPA. d. FASB.
Liz has a dream to be an accomplished piano player. However, something is impeding her progress toward this goal. Liz works hard when she sits down at the piano, and she knows exactly what and how to practice the piano. The problem seems to be she does not practice consistently and on a set schedule. She only practices when she feels like it. According to this scenario, what element of motivation is Liz missing?
a. Energy b. Direction c. Maintenance d. Leadership
Jaswal is writing a report that contains a vertical column bar chart showing last year's employee participation in three continuing education courses: human relations skills, stress management, and advanced Excel. Which of the following statements BEST interprets and analyzes the graph?
a. Figure 1 shows enrollment for each of the continuing education programs we offered. b. As Figure 1 indicates, the enrollment for advanced Excel was almost double that of stress management; and human relations skills was the highest of the three. c. The enrollment for stress management was 42; for advanced Excel it was 81; and for human relations skills it was the highest at 127. d. Figure 1 data indicate that continuing education training needs are shifting from training in stress management and advanced Excel toward human relations skills.