In a Democratic Contest,competing Groups Are Most Likely to Abide

question 119

Multiple Choice

In a democratic contest,competing groups are most likely to abide by rules and decisions when:

• A) they are coerced.
• B) they fear reprisals for noncompliance.
• C) they share basic values and interests.
• D) the society is small and completely homogeneous.

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Definitions:

Efforts-Expended Method

A accounting technique used to recognize revenue proportionally to the work or effort that has been completed on a project, commonly applied in long-term contracts.

Output Measures

Metrics or indicators used to quantify the level of products or services produced by a company or an industry.

Deposit Method

A method of accounting used for transactions where the receipt or payment of money precedes the delivery of goods or services, recognizing the transaction when the delivery occurs.

Revenue Recognition

The guideline in accounting that determines the precise situations where revenue should be recognized or reported.