________ refers to the strength of a person's belief that attainment of an outcome.
A. Equity
B. Expectancy
C. Instrumentality
D. Valence
Answer: C
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What is the most common thread running through various documents, reports, and monographs discussed in the text?
a. The historical cost method of income measurement is as good a predictor of itself as other methods. b. Financial statements should be relevant to users for decision-making purposes. c. Earning-power measurements are essential to the prediction of future cash flows. d. The same valuation base should be used for all assets and all liabilities.
On December 31, Strike Company has decided to trade-in one of its batting cages for another one that has a cost of $500,000. The seller of the batting cage is willing to allow a trade-in amount of $40,000. The initial cost of the old equipment was $225,000 with an accumulated depreciation of $195,000. Depreciation has been taken up to the end of the year. The difference will be paid in cash. What
is the amount of the gain or loss on this transaction? A) The gain will not be recognized and will be added to the price of the old equipment. B) The gain will not be recognized and will be added to the price of the new equipment C) The gain will not be recognized and will be subtracted from the price of the old equipment D) The gain will not be recognized and will be subtracted from the price of the new equipment.
The European Union (EU) is demanding that all EU countries must have _______ of their transportation fuel come from renewable sources such as biofuel or wind power by 2020.
a. 10% b. 15% c. 73% d. 98%
Priority rules are appropriate only when jobs have to be sequenced through ______.
A. a single process, work center, or machine B. two processes, work centers, or machines C. three processes, work centers, or machines D. N processes, work centers, or machines