Decision Structure, Risk of Conflict, and Decision Commitment Are

question 38

Multiple Choice

Decision structure, risk of conflict, and decision commitment are:

• A)three conditions required for bounded rationality.
• B)factors that support implicit favorites.
• C)contingencies of employee involvement.
• D)causes of escalating commitment.
• E)constraints of team decision making.

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Definitions:

Equity Method

A method of accounting where an investor recognizes its share of the profits and losses of an investee, adjusting the carrying value of its investment accordingly.

Impairment

A permanent reduction in the value of an asset to below its carrying amount, reflecting a decline in its fair value.

Dividends

Payments made by a corporation to its shareholder members, distributing a portion of the company's earnings.

FIFO System

First In, First Out, an inventory valuation method where the costs of the oldest inventory items are the first to be expensed.