In Scandinavian Societies,communication Is Explicit and Words Tend to Retain

question 86

Multiple Choice

In Scandinavian societies,communication is explicit and words tend to retain their meaning in all situations,but in Latin American societies,communication is more implicit.In Latin America,the meanings of words change depending on who is speaking to whom,where that person is speaking,and under what circumstances he or she is speaking.This description reveals that Scandinavian societies are ____ cultures,and Latin American societies are ____ cultures.

• A)individualist;collectivist
• B)high uncertainty avoidance;low uncertainty avoidance
• C)feminine;masculine
• D)Low context;high context

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Definitions:

Combined Revenues

The total revenue generated by a group of companies or divisions consolidated into a single figure.

Commercial Substance

A situation where the risk, timing, or amount of the entity's future cash flows changes as a result of a financial transaction.

Equity Method

An accounting technique used by firms to assess the profits earned by their investments in other companies, where the investment is recorded at original cost and subsequently adjusted to reflect the investor's share of the net assets of the investee.

Carrying Value

The book value of an asset or liability on a company's balance sheet, representing its value according to accounting standards.