Non-bankruptcy compromises to give debtors relief while protecting the rights of creditors include all of the following except:
A) mergers.
B) nonstatutory assignments for the benefit of creditors.
C) receiverships under the direction of a court with equity powers.
D) compositions.
A
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Accumulating, interpreting, and reporting financial information is important for
a. service-related firms only. b. manufacturing firms only. c. virtually all types of organizations. d. not-for-profit organizations only.
Which of the following types of self-leadership strategies can be used to reframe threat assessments as challenge assessments, resulting in more positive emotions and a greater ability to cope with stress?
a. Positive self-talk b. Removal of negative cues c. Visualizing successful outcomes d. Challenge dysfunctional beliefs
In periods of falling purchase prices and increasing inventory quantities, LIFO results in a _____ than either FIFO or the weighted-average cost-flow assumption
a. higher cost of goods sold; lower reported periodic income; lower current income taxes b. lower cost of goods sold; lower reported periodic income; lower current income taxes c. higher cost of goods sold; higher reported periodic income; lower current income taxes d. higher cost of goods sold; higher reported periodic income; higher current income taxes e. a lower cost of goods sold; higher reported periodic income; higher current income taxes
Why should ‘polyphony’ be given preference over strong culture?
a. Pluralism and dissonance offers more space for innovation b. It is foolish if everyone agrees on the direction being steered, but their common agreement does not enable them to see that they may be wrong c. It provides a challenge to conventional wisdom d. All of the above