What mechanism is used when a consumer learns to perform responses that produce positive outcomes?
a. extinction
b. punishment
c. negative reinforcement
d. positive reinforcement
d. positive reinforcement
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Which of the following is not an advantage of budgeting?
A. Provides a way to evaluate performance. B. Forces coordination among departments to promote decisions in the best interests of the company as a whole. C. Provides advance notice of potential shortages, bottlenecks, or other weaknesses in operating plans. D. Provides assurance that accounting records are in accordance with generally accepted accounting principles.
Answer the following statements true (T) or false (F)
1. The classical viewpoint emphasized ways to manage work more independently. 2. Frank and Lillian Gilbreth were chief proponents of administrative management. 3. A "therblig," a term coined by Frank Gilbreth, is a unit of motion in the workplace. 4. The two branches of the classical viewpoint of management are rational and bureaucratic.
Under Article 2 of the Uniform Commercial Code, which of the following statements illustrates a merchant?
A. Charles, a chef, sells his car to his neighbor. B. Annie, a teacher, contracts to sell her microwave and television to her friend, Iris. C. Nick, an electronic goods dealer, contracts to sell laptops to another firm. D. Theodora, a doctor, sells her phone to her friend.
When preparing the statement of owner's equity, the beginning capital balance can always be found
A) in the Income Statement columns of the work sheet B) in the statement of cash flows C) in the general ledger D) in the Balance Sheet columns of the work sheet