Of the Following, Which Is NOT True About Individualism and Collectivism

question 56

Multiple Choice

Of the following, which is NOT true about individualism and collectivism?

• A) It relates to the extent that people think of themselves as members of a group or collective, rather than discrete individuals.
• B) The United States is a highly individualistic culture.
• C) In highly individualistic cultures, people are expected "to make it on their own."
• D) Many Asian countries such as Japan rank high on collectivism.
• E) In collectivist countries, people tend to think of themselves as individuals rather than as part of a group.

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Definitions:

Collusion

Collusion refers to a secret or illegal cooperation or conspiracy, especially among firms, to deceive or gain an unfair advantage.

Fraud Committee

A group formed within an organization tasked with overseeing the detection, investigation, and prevention of fraudulent activities and ensuring financial integrity.

Segregation of Duties

An internal control measure that involves dividing responsibilities among different people to reduce the risk of error or inappropriate actions in financial transactions.

Authorize and Pay

The process of approving financial transactions or disbursements and executing the payment accordingly.