Stephen Works as an Accountant in the Headquarters of a Fast-Food

question 97

Multiple Choice

Stephen works as an accountant in the headquarters of a fast-food chain.He encourages his colleagues to participate in an initiative he started that involved planting trees and flowers on the office's grounds.Stephen's initiative most likely reflects one of individuals in a _____ culture.

• A) collectivist
• B) short-term
• C) feminine
• D) high power distance
• E) low uncertainty avoidance

---

Definitions:

Production Budget

A detailed plan showing the number of units that must be produced during a period in order to satisfy both sales and inventory needs.

Ending Inventory

The value of goods available for sale at the end of an accounting period.

Units

A measurement of quantity representing how many pieces, items, or parts are considered in transactions, production, or inventory counts.

Generally Accepted Accounting Principles

A set of accounting standards and practices that are used to prepare financial statements in the U.S., ensuring consistency and comparability.