In an Effort to Combat Groupthink and an Overall Lack

question 9

Multiple Choice

In an effort to combat groupthink and an overall lack of creativity, the group leader assigned Jennifer the job of criticizing ideas, for the sake of argument, throughout the meeting. Jennifer is playing the role of a

• A) maximizer.
• B) devil's advocate.
• C) dialectic.
• D) strategic planner.
• E) dominator.

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Definitions:

Reversing Entry

An accounting entry that is made at the beginning of an accounting period to reverse or cancel out adjusting entries made at the end of the previous accounting period.

Notes Receivable

Written promises for amounts to be received, typically including interest, recorded by the recipient.

Noncurrent Assets

Assets expected to provide economic benefits beyond the next year or operating cycle, excluding items for resale.

Beginning Capital Balance

The beginning capital balance is the amount of capital or equity that a company has at the start of a new accounting period.