A low self-monitor is more likely to engage in organizational citizenship behavior than would a high self-monitor
Indicate whether the statement is true or false.
Answer: FALSE
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Engagement risk can be eliminated by:
A. lowering materiality. B. establishing policies for client acceptance and continuance. C. lowering audit risk. D. Engagement risk cannot be eliminated.
Leases of short-term assets are operating leases, and leases of long-term assets are capital leases
Indicate whether the statement is true or false
Which of the following is one of the two steps of the 2-step test for derecognition of receivables stated in IAS 39, International Accounting Standard 39, "Financial Instruments: Recognition and Measurement"?
a. The transferred assets have been isolated from the transferor such that the transferor and its creditors cannot access the assets. b. The transferee has the right to pledge or exchange the transferred assets. c. If the receivable transfer does not involve the transfer of substantially all the risks and rewards of ownership, then test to determine if the transferor maintains effective control over the assets through either an agreement to repurchase the assets before their maturity, or by the ability to cause the transferee to return specific assets. d. Determine whether the receivable transfer involves a transfer of substantially all the risks and rewards of ownership of the receivable and, if so, account for the transfer as a sale of the receivable.
Research indicates that organizations can reap many benefits from employee participation and involvement. Which of the following is not one of the typical programs used in today’s organizations?
a. group decision making b. teams c. social audits d. profit sharing