The total payroll of a business is usually significant for all the reasons below except
A) employees are sensitive to payroll errors and irregularities
B) payroll is subject to various federal and state regulations
C) businesses find it difficult to develop and maintain good internal controls on the payroll system
D) payroll and related payroll taxes have a significant effect on the net income of most businesses
C
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A salesperson performing over-the-counter sales in a medical store can be referred to as a(n) ________
A) order taker B) demand creator C) solution vendor D) phisher E) missionary
A weakness of the PE approach to valuing stock is that it is
A) difficult to estimate the constant growth rate of a firm's dividends. B) difficult to estimate the required return on equity. C) difficult to predict how much a firm will pay in dividends. D) based on industry averages rather than firm-specific factors.
Which of the following would not necessarily be a related party transaction?
A. Sales to another corporation with a similar name. B. Purchases from another corporation that is controlled by the corporation's chief stockholder. C. Loan from the corporation to a major stockholder. D. Sale of land to the corporation by the spouse of a director.
Learning behavioral outcomes. People learn the consequences of behavior by observing or hearing about what happened to other people, not just by directly experiencing the consequences. Hearing that a co-worker was fired for being rude to a client increases your perception that rude behavior will result in being fired. Behavior modeling: People learn not only by observing others but also by imitating and practicing those behaviors. It also increases self-efficacy, because people gain more self- confidence after observing others and performing the task successfully themselves. Self- efficacy particularly improves when observers identify with the model, such as someone who is similar in age, experience, gender, or related features. Self-regulation: An important feature of social cognitive
theory is that human beings set goals and engage in other forms of intentional, purposive action. They establish their own short- and long-term objectives, choose their own standards of achievement, work out a plan of action, consider back-up alternatives, and have the forethought to anticipate the consequences of their goal-directed behavior. Furthermore, people self-regulate by engaging in self- reinforcement; that is, they reward and punish themselves for exceeding or falling short of their self-set standards of excellence. What will be an ideal response?