Certain US

question 24

Multiple Choice

Certain U.S.accounting standards have been, and will be, amended to aid in the international convergence process.The process of changing these standards usually involves

• A)a short deliberation followed by a vote of the U.S.Congress
• B)acceptance of the change by the Internal Revenue Service
• C)rejecting all existing standards and developing an entirely new concept
• D)selecting the best standard between existing U.S.and international standards

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Definitions:

Retention Strategies

Are approaches undertaken by organizations to keep employees and reduce turnover rates.

Job Dissatisfaction

A negative emotion towards one’s job due to various factors like working conditions, relationships, or a mismatch between job expectations and reality.

Causes

The reason or motive for an action or condition, leading to a certain outcome or effect.

Types Of Justice

Refers to the various bases of fairness, which include distributive justice (fairness in outcomes), procedural justice (fairness in the processes that lead to outcomes), and interactional justice (fairness in interpersonal interactions).