Groupthink takes place because group members
A) dislike individual problem solving.
B) strive extra hard to achieve consensus.
C) attempt to avoid conformity.
D) have feelings of inferiority.
Answer: B
You might also like to view...
The auditor gathers audit evidence to test management's assertions.
Answer the following statement true (T) or false (F)
Sunk costs arise when the choice of one course of action eliminates the possibility of another course of action
Indicate whether the statement is true or false
If actual overhead exceeds applied overhead, factory overhead is said to be underapplied
Indicate whether the statement is true or false
Baptiste Accounting Services expects its accountants to work a total of 30,000 direct labor hours per year
The company's estimated total indirect costs are $152,000. The direct labor rate is $104 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Baptiste performs a job requiring 52 hours of direct labor and bills the client using a standard markup of 40% of costs, calculate the amount of the client's bill. (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $5,408 B) $216,320 C) $2,269 D) $7,940