____________ Is(are) a Factor(s) That Managers Consider During Decision Making

question 90

Multiple Choice

____________ is(are) a factor(s) that managers consider during decision making if they realize that you cannot always predict the results of purposeful action.

• A) Forecasting myopia
• B) The law of unintended consequences
• C) Feng shui
• D) Value judgements
• E) Interdisciplinary input

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Definitions:

Private Securities Litigation Reform Act

A 1995 U.S. federal law designed to increase the legal standards required for filing securities fraud lawsuits, aiming to reduce frivolous litigation.

Detect Illegal Acts

The process of identifying activities that are prohibited by law or regulations.

Audited Company

An audited company is one that has undergone a formal examination of its financial accounts and statements by an independent auditor.

GAAP And GAAS

GAAP (Generally Accepted Accounting Principles) are a set of accounting standards used in the U.S., while GAAS (Generally Accepted Auditing Standards) are guidelines for auditors in executing audit engagements.