On a work sheet, the amount entered in the Credit column of the Balance Sheet to balance the debits and credits is $56,000. This represents

A. an error of $28,000 in balancing the accounts.
B. a net income of $56,000.
C. a net loss of $56,000.
D. accumulated depreciation and other expenses.


Answer: B

Business

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A robust test is relatively insensitive to violations of its underlying mathematical assumptions.

Indicate whether the statement is true or false.

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Saul is a fisherman in his small village. Skyler, his wife, was tired of him missing dinner. She decided to display a red light on her front porch of the little house by the sea to alert him when dinner was ready. Every time he saw the red light, he felt hungry, and he immediately went home. This is an example of ______.

A. an unconditioned stimulus because he just knew when it was time for dinner B. a neutral stimulus because the red light did not elicit a response C. a conditioned response to the red light because he was reinforced for coming home D. a conditioned response to the red light, such as feeling hunger pangs or salivating

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One of the reasons that IBM almost failed and went bankrupt in the 1990’s was due to its outdated corporate culture of consensus-based decision making which while effective in the 1970’s, did not allow it to be competitive in the rapid decision making and entrepreneurial risk taking culture of the 1990s, 

Answer the following statement true (T) or false (F)

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A privatized clinic wants to expand its efforts and create a new office on the other side of the city. The new clinic will offer the same services as the first, but the new clinic will have a different staff. Which of the following strategies is this?

a. nominal participation

b. redistributive participation

c. purposive duplication

d. fragmentation

e. none of the above

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