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The New Professor (Scenario)
Samir has recently received his Ph.D. and has begun teaching at a large university. Prior to his first day of class, Samir's department head had lunch with him and explained what was expected of a new professor in terms of maintaining discipline in his classroom, providing students with a challenging course, and keeping grades down. Later that week Samir met with other professors in a faculty meeting. During that meeting, a number of issues were discussed and, although Samir did not agree with all of them, he did not feel comfortable discussing his position because he was a new assistant professor and the others were more senior. However, in watching the reactions of other professors, he got the feeling that some of them disagreed with a few issues, too, but did not want to say anything because doing so might be disruptive.
-When Samir gave his first exam of the semester, he remembered his chair's advice to maintain the department's tough standards. However, he knew that if he did so his students would be very disappointed and may lose their motivation and some may have their grade averages negatively impacted. In this situation Samir is experiencing________ .
Consolidated Financial Statement
A comprehensive financial report that combines the financial results of a parent company and its subsidiaries, presenting it as a single economic entity.
Fair Value Increment
The increase in the fair value of an asset over its previous book value, often recognized in the course of business combinations or revaluations.
Capital Assets
Long-term assets acquired or owned by a company that are used in its operations to generate income.
Consolidated Financial Statements
Financial statements that show the financial position, results of operations, and cash flows of a parent company and its subsidiaries as a single economic entity.
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