G. William Domhoff argues the existence of a cohesive American upper class based on wealth, socialization in private schools, memberships in exclusive clubs, and occupancy of high positions in business, government, and nonprofit institutions.

Jude is a social psychologist. He is working on a concept in social psychology, which is a major study area, and learning how to implement it and how to reduce barriers to its acceptance. Jude is studying the concept of ________

A) culture B) ethics C) power D) change E) fatigue

Which of the following statements is false with regard to quality of financial reporting?

a. Financial statements should reflect an accurate picture of a company's financial condition and performance. b. It is unlikely that management can manipulate the bottom line due to the regulations in place to enforce GAAP. c. Financial information should be useful both to assess the past and predict the future. d. The closer that the picture presented through the financial data is to reality, the higher the quality of financial reporting.