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Fields Construction Decides to Change from the Completed-Contract Method to the Percentage-Of-Completion

question 31

Essay

Fields Construction decides to change from the completed-contract method to the percentage-of-completion method of recording construction projects. It also has a compensation plan for bonuses to supervisors for three percent of net income, which are retroactive for changes in prior years' net income. Discuss the direct and indirect effects of this change.

Identify the role of social, cultural, and cognitive factors in the advancement of an individual's morality.
Critique Lawrence Kohlberg's theory for its cultural and developmental assumptions.
Explain the concept of conventional morality and its implications for behavior.
Discuss the critical importance of reasoning in assessing moral stages according to Kohlberg.

Definitions:

Frontloading

The practice of placing the most important information at the beginning of a communication to ensure it is seen or heard first.

Main Idea

The central or most important theme, point, or argument that a piece of writing, speech, or discussion seeks to convey.

Block Style

A format used in business and formal writing, where text is aligned to the left margin, and paragraphs are not indented but separated by a blank line.

Business Letters

Written communications on official company letterhead intended for formal purposes and external affairs.

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