______ refers to the internalization of culturally appropriate beliefs, values, and roles, acquired through interacting with members of our cultural group.
Fill in the blank(s) with the appropriate word(s).
Ans: Cultural identity
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For each of the following, state whether it is a test of details of account balances or a test of details of disclosures. Then note for which assertion the test provides evidence.1. Inspect loan agreements under which an entity's inventories are pledged.2. Review inventory compilation for proper classification among raw materials, work in process, and finished goods.3. Observe the count of physical inventory.4. Trace test counts and tag control information to the inventory compilation.5. Inquire of management about issues related to LIFO liquidations.6. Review book-to-physical adjustments for possible misstatements.
What will be an ideal response?
A company's public image is important to its recruiting efforts because
A) the best firms assume that the best employees want to work for them. B) public relations is the fastest growing department of most businesses. C) most employees at some point in their careers carry out personal selling. D) the media pay more attention to firms who spend more on recruitment advertising. E) most firms have at some time violated federal ethics rules.
An organization holding which one of the following "worldviews" tends to retain decision-making power and only reluctantly incorporates public input or makes internal changes?
A. Symmetrical D. Co-orientational B. Asymmetrical E. Culture of internal excellence C. Co-acculturation
Which of the following is the accurate cause of a recession?
A. The consumer price index falls below the average yearly standard. B. Inflation rises for two or more consecutive quarters. C. Inflation and unemployment both rise consecutively. D. GDP declines for two or more consecutive quarters. E. The unemployment rate declines for two or more consecutive quarters.