When a firm is preparing for bankruptcy, the accountants as a group may become unduly powerful because of:
A)high centrality
B)their nonsubstitutability
C)operational knowledge of the firm
D)their ability to better cope with change

Question

Quizplus · Accepted Answer

When a firm is preparing for bankruptcy, the accountants as a group become nonsubstitutable because of their specialized skills and knowledge in handling financial distress. This gives them more power and influence in decision-making compared to other groups within the firm.

When a Firm Is Preparing for Bankruptcy, the Accountants as a Group