The Failure of Organizations to Use the Pool of Managerial

question 52

Multiple Choice

The failure of organizations to use the pool of managerial talents held by women can best be termed

• A) deliberate policy of discrimination.
• B) lack of assertiveness by women managers.
• C) managerial isolation from social trends.
• D) an opportunity cost to firms.

---

Definitions:

International Convergence

A goal or process of harmonizing accounting standards and practices across different countries to improve comparability and transparency of financial reporting globally.

Accounting Standards

Formal guidelines and rules for accounting practices that determine how financial statements are prepared and presented.

FASB

Financial Accounting Standards Board, an independent nonprofit organization responsible for establishing accounting and financial reporting standards for companies and nonprofit organizations in the United States.

Bright-line Rules

Clearly defined rules or standards that leave little ambiguity and are easy to implement or enforce.