Escalation of Commitment Can Be Minimized by Ensuring That

question 19

Multiple Choice

Escalation of commitment can be minimized by ensuring that

• A)those who choose the decision are different from those who implement and evaluate it.
• B)there are ready-made alternatives to resolve the problem.
• C)the team leader has strong opinions about the preferred options.
• D)organizational goals are relatively ambiguous.
• E)the person who makes the decision is also responsible for terminating the project.

---

Definitions:

Interest Receivable

The amount of interest that has been earned but not yet received in cash by the company, representing an asset on the balance sheet.

Maturity Value

The amount payable to an investor at a security's maturity date, including principal and any remaining interest.

Cash Debited

An accounting entry that increases the cash balance in a company's ledger.

Notes Receivable

Financial assets representing amounts owed to the holder by others through formal written agreements stipulating payment terms.