Linda has been hired by Doctor Patel to oversee a fast-paced, innovative medical office. It is a highly difficult, but well-paid job. Linda believes she has the skills and experiences to easily handle the task and improve the efficiency of the office. Linda's belief in her capabilities is known as
A. equity.
B. instrumentality.
C. self-efficacy.
D. valence.
E. complexity.
Answer: C
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Bad debt expense is normally reported on the income statement as a(n)
A) operating expense. B) element of cost of goods sold. C) financial expense in the other items section. D) contra-revenue amount.
Lucas Company has set standards for the manufacturing of clay pots to be 2 pounds of direct materials, per pot, at a cost of $3 per pound. During the current period, 600 pounds of direct materials were purchased for $1,872. All of the direct materials were used to manufacture 295 pots. Lucas' direct materials price variance was
A) $102 (U). B) $72 (U). C) $102 (F). D) $70 (U).
Fetzer Company declared a $0.55 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8,000 shares in treasury stock. The journal entry to record the dividend declaration is:
A. Debit Common Dividends Payable $100,100; credit Cash $100,100. B. Debit Retained Earnings $100,100; credit Common Dividends Payable $100,100. C. Debit Common Dividends Payable $104,500; credit Cash $104,500. D. Debit Retained Earnings $110,000; credit Common Dividends Payable $110,000. E. Debit Retained Earnings $104,500; credit Common Dividends Payable $104,500.
In Mexico, labor negotiations and unions have traditionally been:
A. Controlled by the government as part of a larger economic development strategy B. Conducted independently at the workplace level C. Determined as part of tripartite peak-level negotiations between government, a labor federation, and an employer association D. Unilaterally determined by the employer