Bp and halliburton executives made the decision not to invest in the oil well blowout preventer that experts believe would have prevented the deepwater horizon oil rig explosion and fire off the coast of louisiana. the executives made their decision based on their belief that their decision would have no great negative consequences. their decision is an example of
relaxed avoidance
relaxed change
satisficing
panic
the curse of knowledge

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Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be

Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.