Barry's Software Development Team Barry Was Assigned Recently to a Large

question 70

Multiple Choice

Barry's Software Development Team Barry was assigned recently to a large team working on a major software release that was taking longer than expected.Barry and the other latecomers into the project spent a month partnered with a senior programmer who went over the project in detail with them and got them up to speed.Unfortunately, this training put the project even farther behind schedule.After a few months of working on the project with so many other programmers, Barry's work output becomes noticeably lower than it was before when he was working independently.Barry's reduced work output is most likely due to:

• A)a lack of knowledge.
• B)job dissatisfaction.
• C)a hostile work environment.
• D)social loafing.
• E)lack of proper supervision.

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Definitions:

SAB 104

An SEC Staff Accounting Bulletin that provides guidance on revenue recognition to ensure accuracy in financial reporting.

Revenue Recognition

The accounting principle that dictates the process and timing of recognizing revenue in the financial statements, typically when it is earned and realizable.

GAAP

Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards for financial reporting in a particular jurisdiction, notably the United States.

Cookie Jar Reserves

Accounting practices where companies set aside reserves during good financial periods to smooth out earnings in future, less favorable periods.