The Form of ADR That Involves a Neutral Party Helping

question 32

Multiple Choice

The form of ADR that involves a neutral party helping the parties to resolve the dispute without making any substantive decision on the merits is:

• A)Arbitration.
• B)Conciliation.
• C)Mediation.
• D)Private judging.

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Definitions:

Equity Method

An accounting technique used to assess the profits earned by a company through its investment in another company, by reporting the income based on the investee's net income and changes in equity.

Eliminate Unrecognized

A process in accounting to remove unrealized gains or losses from the books, often in the context of consolidation accounting to avoid double counting.

Intra-entity Gross Profit

The profit realized from transactions conducted within different divisions or segments of the same company, often eliminated in consolidated reporting.

Eliminate Intra-entity Transfer

The process of removing transactions between entities within a single organization from the consolidated financial statements to prevent double counting.