____________________ describes faulty decision-making processes by team members who are overly eager to agree with one another
Fill in the blank(s) with correct word
Groupthink
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Which of the following is not true regarding appropriate tests of controls?
a. The auditor selects controls that are important to the auditor's conclusion about whether the organization's controls adequately address the assessed risk of material misstatement for the relevant debt and equity accounts. b. The client's audit committee selects controls that are important to the auditor's conclusion about whether the organization's controls adequately address the assessed risk of material misstatement for the relevant debt and equity accounts.as of the client's year end. c. The auditor will select both entity-wide and transaction controls for testing. d. If the auditor wants to rely on controls for the financial statement audit, the auditor would test the operating effectiveness of those controls throughout the year.
Which of the following is a criticism of the behavioral approach?
A. there is no instrument to identify leader behaviors B. the universal style of team leadership is best C. the wide range of research on leadership behaviors gives it credibility D. the research has not shown how leader’s behaviors correlate with performance outcomes
The term ease of doing business refers to
A. the amount of effort required on the part of a customer when dealing with a firm. B. the ease with which a product can be promoted effectively. C. the ease with which a business can secure financing to start operating its business. D. how quickly a firm can recoup its costs and begin making a profit. E. how complicated the process is for producing and delivering a product.
Metro MoversMiami Corporation allows Metro Movers MilwaukeeCompany to use Metro Movers' trademark as part of its company advertising. This is
a. a license. b. a likelihood of consumer confusion. c. a generic use. d. trademark dilution.