According to Hofstede, Societies That Accept Strong Hierarchical Boss-Subordinate Relationships

question 71

Multiple Choice

According to Hofstede, societies that accept strong hierarchical boss-subordinate relationships are high on ________.

• A)uncertainty avoidance
• B)collectivism
• C)individualism
• D)power distance

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Definitions:

Liability Accounts

Accounts on a balance sheet that represent obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Stockholders' Equity Accounts

These accounts represent the owners' residual interest in the corporation's assets after deducting liabilities.

Credit Balances

Accounts within the accounting ledger that have a positive balance, indicating amounts owed to others.

Trial Balance

A list of all accounts with their balances to provide a check on the equality of the debits and credits.