You Are Part of a Parent Group Formed to Determine

question 126

Multiple Choice

You are part of a parent group formed to determine how your school system can improve students' academic performance. Based on research on academic excellence in Japanese and Taiwanese schools, which of the following suggestions would you make?

• A) Give teachers less free time for lesson planning and grading papers.
• B) Spend less time on teacher training.
• C) Set lower standards for students, so they are less likely to become frustrated.
• D) Set higher standards for students and encourage them to spend more time in school-related activities.

Understand the economic assumptions underlying positive accounting theory, including the rational economic person assumption.

Recognize the importance of accounting policy decisions in financial reporting.

Define market efficiency forms and the efficient-market hypothesis, including their relevance to financial reporting.

Understand the impact of political and debt hypotheses on accounting policy choices and their implications.

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Definitions:

Sales Presentations

A strategic dialogue or demonstration by a salesman aimed at persuading customers to buy a product or service.

Empathy and Kindness

The ability to understand and share the feelings of others combined with the quality of being friendly, generous, and considerate.

Buyer and Seller

The parties involved in the exchange of goods or services for payment, where the buyer purchases and the seller provides the product or service.

Trust

The belief that another will act as they are expected to act.