Which of the Following Is True of Corporate Downsizing

question 51

Multiple Choice

Which of the following is true of corporate downsizing?

• A) It helps companies identify the most loyal workers.
• B) It initiates a midlife crisis on those who are laid off.
• C) It is a tactic used by companies to increase the generativity of their workers.
• D) It mostly affects people who are flexible about their career choices.

---

Definitions:

Floating GAAP

Generally Accepted Accounting Principles that are adaptable and can change over time with financial reporting standards.

Regulatory Accounting

Accounting practices and policies that are guided by regulatory bodies to ensure transparency, accuracy, and compliance in financial reporting.

Conflicts of Interest

Situations where a person's private interests might interfere with their professional duties or responsibilities.

Mutual Expectations

This term describes the shared, understood obligations or beliefs about future actions between two or more parties in a relationship or agreement.