Employers and unions who agree to mini-arbitration often agree to use the services of inexperienced arbitrators

Peter, the owner of Happy Burger, is involved in the company's daily decisions and has established procedures for every task. The company rules are clearly specified in the handbook, and Peter also believes in close supervision of all employees. Happy Burger is a(n) ________ organization.

a. informal b. non-hierarchical c. mechanistic d. organic e. decentralized

An auditor most likely modifies the opinion if the entity's financial statements include a note on related party transactions

A. Disclosing loans to related parties at interest rates significantly below prevailing market rates. B. Describing an exchange of real estate for similar property in a nonmonetary related party transaction. C. Stating without substantiation that a particular related party transaction occurred on terms equivalent to those that would have prevailed in an arm's-length transaction. D. Presenting the dollar volume of related party transactions and the effects of any change from prior periods in the method of establishing terms.