Which of the Following Is the Most Common Reason Given

question 76

Multiple Choice

Which of the following is the most common reason given by surveyed executives for bending the rules to attain their objectives?

• A) organizational performance required it
• B) rules were too rigid
• C) no one will know
• D) no oversight
• E) rules are different for executives than staff

Comprehend the accounting for assets when future economic benefits do not exceed carrying value.

Recognize U.S. GAAP rules for software development costs.

Analyze the impact of R&D expenditures on investor decisions.

Grasp the treatment of software development costs post-technological feasibility under U.S. GAAP.

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Definitions:

Vicarious Liability

Liability of an employer for injuries caused by employees while carrying out their employment duties.

"On a Frolic of His Own"

This phrase describes a situation where an employee undertakes actions that are substantially different from their employment duties, thus removing employer liability for those actions.

Mediation

A discussion between the parties to a dispute that is facilitated by a mediator in an effort to encourage and assist them in coming to an agreement.

Employment Standards Act

Legislation that outlines the minimum standards employers must meet in terms of wages, working hours, leaves, and other employment conditions.