Answer: Option C
Explanation: As per the subject matter of behavioral economics, endowment effect refers top the phenomenon under which it is assumed that a rational individual will retain a commodity he or she already owns rather than acquiring the same commodity if he do not own it.
Hence from the above we can conclude that correct option is C as it states that one will not sell a painting even though at a price that the holder would pay to purchase it himself.
Answer:
The answer is stated below:
Explanation:
If the SEC and the AICPA, worked altogether in order to share the information, they might have detected the fraud prior. The case states that the Madoff Securities does not required to submit the peer review program to AICPA as Friehling, had recorded that he did not perform or conduct any audits.
Recommendation
1. The policy execution for the exchange of the information among the two firms would be useful to detect the fraud.
2. The PCAOB should spend more resources an attending the hotline of whistle blowing through executing the policies which need certain complaints to be addressed effectively.
3. The firms or company should have done more in order to verify the financial statements assertions, which surrounds the investments. The PCAOB need to execute the policy that require the companies (such as Madoff Securities) to correctly answer the inquiries of the auditor.
Answer:
hi i reallly tried but dont want to give an answer that is wrong
plz forgive me
god bless u
Explanation:
Answer:
integrity versus despair
Explanation:
integrity versus despair. In the integrity versus despair process, people reflect on the lives that they have been living and either have a feeling of fullness or a feeling of remorse and despair over the misperformance of their lives.
Erikson's integrity vs. Despair (1982). He is one of the few theoreticians to consider the old age as a developmental stage. This last stage of life is the conflict of dignity vs. despair. Erikson indicates that this phase commences with a mortality sensation
Answer:
I believe that referring to the employee as a subordinate can negatively affect the employee's motivation levels.
Explanation:
Although an employee is subordinate to the company owner, or to other high-ranking employees, such as a manager, for example. Referring to the employee as a subordinate can negatively affect the employee's motivation and productivity. This is because this word can pass a tone of devaluation, where the employee can understand that he is not esteemed and necessary within the company. The feeling of irrelevance, can leave the employee saddened and unwilling to do his best work within the institution.
