______ learning is similar in form to operant conditioning except the employee is not learning from the consequences of the employee’s own actions but from the consequences of the actions of another person.
A. Plateau
B. Social
C. Vicarious
D. Competency
B. Social
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During his presentation, Eli is showing how his solution would benefit his team so that they will decide to agree with his proposal. Which step of Monroe’s Motivated Sequence is Eli demonstrating?
a. solution b. visualization c. satisfaction d. needs
On December 31, Carmack Company received a $215 utility bill for December that it will not pay until January 15. The adjusting entry needed on December 31 to accrue this expense is:
A. Debit Utilities Expense $215; credit Prepaid Utilities $215. B. Debit Utilities Expense $215; credit Accounts Payable $215. C. Debit Prepaid Utilities $215; credit Cash $215. D. Debit Prepaid Utilities $215; credit Accounts Payable $215. E. Debit Accounts Payable $215; credit Utilities Expense $215.
[The following information applies to the questions displayed below.] Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 25,000unitsUnits sold this year 15,000unitsDirect materials$9per unitDirect labor$11per unitVariable overhead$3per unitFixed overhead$137,500in totalGiven Advanced Company's data, and the knowledge that the product is sold for $50 per unit and operating expenses are $200,000, compute the net income under absorption costing.
A. $205,000 B. $122,500 C. $80,500 D. $67,500 E. $55,000
________ are costs that a customer faces by buying a product that is different from what has been purchased or used in the past.
A. Pioneering costs B. Marginal costs C. Switching costs D. Opportunity costs E. First-mover costs