Which of the Following Methods of Alternative Dispute Resolution Involves

question 145

Multiple Choice

Which of the following methods of alternative dispute resolution involves a hearing?

• A)arbitration
• B)mediation
• C)negotiated settlement
• D)settlement conference
• E)All of the above involve hearings.

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Definitions:

Estimated Cost

An approximation of the financial outlay that would be required to complete a project, procure goods, or carry out a service.

Specific Invoice Method

An accounting method for managing inventory by tracking the cost associated with each specific unit of inventory.

Sale Items

Products that are offered to customers at a reduced price for a promotional or clearance purpose.

Specific Invoice Method

A method used in inventory and cost accounting to specifically track the cost associated with individual inventory items.