_____ is a private-sector financial accounting standard setter that promulgates accounting standards that are required or permitted to be used in over 100 countries, but has no enforcement powers
a. Financial Accounting Standards Board (FASB)
b. International Accounting Standards Board (IASB)
c. Public Company Accounting Oversight Board (PCAOB)
d. U.S. Securities and Exchange Commission (SEC)
e. Governmental Accountability Office (GAO)
B
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Answer the following statements true (T) or false (F)
1. Goal-setting theory suggests that behavior tends to be repeated if it has positive consequences and tends not to be repeated if it has negative consequences. 2. A manager should administer punishment in public in front of employees because the embarrassment enhances the punishment and its effectiveness. 3. New research shows that the cubicle is not a motivational environment, stifling creativity and morale for many workers. 4. Intrinsic motivation is not as long lasting as extrinsic motivation, and intrinsic motivation has a less positive impact on task performance.
Terrance has noticed that many of his customers become very frustrated with him when he attempts to use needs assessment, problem solving, or relationship building techniques. These customers typically know what product will meet their needs
What should Terrance most likely do when faced with such customers? A) Highlight product benefits more than product features. B) Ask the customer questions to identify unspoken wants. C) Focus on the purchase stage of the buying process. D) Spend more time building rapport with the customer. E) Rework the presentation script to focus more on emotion.
A method that combines market-based pricing with a cost reduction emphasis is termed ________
a. product costing b. cost plus pricing c. theory of constraints d. target costing
Using Table 7.6, suppose activity D can be shortened from four days to one day. Assume all other activity times remain the same. How much shorter will the total project earliest completion time become?
A) zero days B) one day C) two days D) three days