Sally has arrived at your house carrying a large shopping bag and some wrapping paper. As she sits down, you thank her for the thoughtful gift and reach for the bag. Sally stops you, informing you that the gift is actually for her sister’s baby shower and the gift is not for you. You are immediately embarrassed. This error is caused by which of the following?
A. category confusion
B. the inference you made
C. stereotypes
D. ethnocentrism
B. the inference you made
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Which of the FTC's Fair Information Practices (FIP) principles requires opt-in or opt-out policies to be in place?
A. Notice/Awareness B. Choice/Consent C. Access/Participation D. Security
Contribution margin is:
A) the excess of sales revenue over variable cost B) another term for volume in the "cost-volume-profit" analysis C) profit D) the same as sales revenue
As of January 1 of the current year, the Grackle Company had accounts receivables of $50,000. The sales for January, February, and March of 2009 were as follows: $120,000, $140,000 and $150,000. 20% of each months sales are for cash. Of the remaining 80% (the credit sales), 60% are collected in the month of sale, with remaining 40% collected in the following month. What is the total cash
collected (both from accounts receivable and for cash sales) in the month of January? A) $$74,000 B) $110,000 C) $71,600 D) $131,600
Which of the following statements is true of unstructured questions?
A. They are often skipped by the respondents unless the questions are interesting. B. They are ambiguous questions that contain at least two negatives. C. They include two or more different attributes or issues but allow the respondents to comment on only a single issue. D. They are questions with a predetermined list of responses available to aid or limit the respondent's answers. E. They are loaded questions that suggest a socially desirable answer or involve an emotionally charged issue.