The GLOBE dimensions of value orientations include ______, which is the degree to which members of a collective expect power to be distributed equally.
A. in-group collectivism
B. power distance
C. performance orientation
D. institutional collectivism
B. power distance
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Inherent risk includes sampling risk and detection risk.
Answer the following statement true (T) or false (F)
Which of the following is not considered a motive to manage earnings?
a. To create optimal manager compensation payments. b. To create optimal job security for senior management. c. To create optimal measures of assets and liabilities for balance sheet purposes. d. To manage reported earnings in order to reduce industry-specific actions.
Which of the following is an example of “Rewarding A while hoping for B”?
a. reinforcing desired behavior when it is observed b. rewarding one employee while hoping that another employee gets the first employee’s job c. rewarding an employee in hopes that the employee will adopt other favorable behaviors d. a group incentive program
Under the U.S. method of translation procedures, if the financial statements of the foreign subsidiary of a U.S. company are maintained in U.S. dollars:
A) translation is accomplished through the current rate method. B) translation is accomplished through the temporal method. C) translation is not required. D) the translation method to be used is not obvious.