People Who Use the Compromising Mode to Resolve Conflicts

question 22

Multiple Choice

People who use the compromising mode to resolve conflicts:

• A) attempt to find the best solution that will completely satisfy all parties.
• B) generally give up more than an accommodator but less than a competing person.
• C) pursue their own goals and objectives completely at the expense of the other party.
• D) often find a solution that partially satisfies both parties.
• E) are generally very cooperative and very unassertive.

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Definitions:

Aging

A method used in accounting to categorize accounts receivables based on the length of time an invoice has been outstanding.

Allowance Account

An account used in accounting to reduce the value of accounts receivable to a more realistic amount by accounting for potential bad debts.

Uncollectibles

Debts owed to a company that are considered unlikely to be recovered or paid.

Aging of Receivables

The process of categorizing accounts receivable by their due dates to estimate bad debt expenses.