Which theory holds that needs are based on personality and are developed and learned as people interact with the environment?
a. acquired needs theory
b. hierarchy of needs theory
c. ERG theory
d. two-factor theory
a. acquired needs theory
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The great antecedent to change is certainty
Indicate whether the statement is true or false.
Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on 20,000 direct labor-hours, total fixed manufacturing overhead cost of $182,000, and a variable manufacturing overhead rate of $2.50 per direct labor-hour. Job X941, which was for 50 units of a custom product, was recently completed. The job cost sheet for the job contained the following data:?Total direct labor-hours250?Direct materials$740?Direct labor cost$6,500Required:Calculate the selling price for Job X941 if the company marks up its unit product costs by 20%.
What will be an ideal response?
Which of the following statements about government markets is FALSE?
A. Government purchases are usually subject to a great deal of public review. B. By law, a government unit might have to accept the lowest bid even for an unwanted product. C. Most government customers buy by specification, using a mandatory bidding procedure. D. The government is the largest customer group in all countries. E. The government buyer must often accept the lowest bid that meets the specifications.
Brett contracts to purchase a particular automobile from Johnson's car lot. At what point does Brett obtain a special property interest that enables him to insure the car?
A) When the car is tendered to Brett B) When the contract is made C) When Brett pays for the car D) When Brett accepts the car