Which element of expectancy theory could be phrased as the question, “What’s the probability that, if I do a good job, that there will be some kind of outcome in it for me”?
a. Expectancy
b. Instrumentality
c. Effort
d. Valence
b. Instrumentality
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A customer returned damaged goods for credit. Which of the seller's accounts decreases?
a. Purchase Returns b. Accounts Receivable c. Sales Returns d. Sales Revenue
Gizmo Company, a manufacturer of small appliances, had the following activities, allocated costs, and allocation bases:
What is the cost per hour for the account inquiry activity? (Round your answer to the nearest cent.)
A) $0.58
B) $39.50
C) $8.33
D) $2.11
The MCC schedule is either horizontal or rising, which implies that the cost of capital to a firm increases as it raises larger and larger amounts of capital. The rising section of the MCC schedule:?
A. ?is caused by economies of scale in financing. B. ?would be horizontal if the firm retained all of its earnings. C. ?results from a change in the debt ratio as the firm expands. D. ?occurs because the firm must, if it is to expand, be willing to take on riskier projects E. ?results from flotation costs associated with the sale of new common and preferred stock, along with higher debt costs, as the firm's rate of expansion increases.
Which of the following is classified as a nondepository institution?
A) Credit union B) Insurance company C) Commercial bank D) Savings institution