Which of the Following Was NOT Recommended to Facilitate Acceptance

question 70

Multiple Choice

Which of the following was NOT recommended to facilitate acceptance and successful implementation of a major change?

• A) Convince people that the change can be made without any difficulties or inconvenience for them.
• B) Use ceremonies and rituals to help people deal with the pain of giving up familiar things they value.
• C) Create a sense of urgency about the need for change by showing it will be more costly not to change.
• D) Demonstrate personal commitment to see the change through to the end, regardless of temporary setbacks.

---

Definitions:

Foreign Currency Transactions

Deals or business activities that involve the exchange of currencies from different countries, impacting financial statements due to exchange rate changes.

Fair-Value Hedge

A hedge of the exposure to changes in fair value of an asset or liability or an unrecognized firm commitment, which could affect profit or loss.

Forward Contract

a financial agreement between two parties to buy or sell an asset at a future date for a price agreed upon today, commonly used for hedging and speculation.

Gross Method

The gross method is an accounting practice whereby discounts are not considered in the recording of purchases; discounts taken are recorded as income.