If Anna has done a good job and her supervisor praises the work that she had done, Anna has received what type of reward?
a. Intrinsic
b. External
c. Intrinsic and External
d. Self-reward
Ans: B
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(Appendix) A decrease in Accounts Receivable is deducted from net sales to compute cash collected from customers
a. True b. False Indicate whether the statement is true or false
All other things held constant, the present value of a given annual annuity decreases as the number of periods per year increases.
Answer the following statement true (T) or false (F)
All of the following are recognized as disadvantages of using telephone interviewing to collect research data EXCEPT:
A) no use of physical stimuli. B) limited to simple questions. C) low quantity of data. D) poor response rate. E) B and C
The cumulative effect on prior years' earnings of a change in accounting principle should be reported separately as an adjustment to retained earnings for the earliest period presented for all of the following changes except
a. completed-contract method of accounting for long-term construction-type contracts to the percentage-of-completion method. b. percentage-of-completion method of accounting for long-term construction-type contracts to the completed-contract method. c. FIFO method of inventory pricing to LIFO method. d. LIFO method of inventory pricing to the weighted-average method.