What Is the General Relationship Between Accountability and Conformity

question 37

Multiple Choice

What is the general relationship between accountability and conformity?

• A) Accountability is only important in workplace settings.
• B) When a person knows he will be accountable to a group for his actions, he will be more likely to conform.
• C) Most people do not conform, so whether or not they are held accountable for their actions really does not matter.
• D) Higher accountability leads to lower conformity, because people do not want to be seen as giving in to a group.

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Definitions:

Retired

Indicates assets taken out of service or policies terminated.

Unamortized Discount

The portion of the bond discount that has not yet been expensed in the income statement over the bond's life.

Gain or Loss

The financial result that occurs when the selling price of an asset differs from its purchase price or adjusted basis, could be positive (gain) or negative (loss).

Bonds

Fixed income investment products that represent loans made by an investor to a borrower, typically corporate or governmental, which pays interest over a set period until maturity.