Katie feels like the primary reason she works so hard at her job is so she can afford the nice vacations and cars that she desires. What would Paul Lawrence say about Katie?
a. She is only influenced by one major innate, subconscious drive.
b. Of the four innate drives, she is most influenced by the drive to acquire.
c. Of the four innate drives, she is most influenced by the drive to defend.
d. Katie works primarily to understand the world around her and her place in it.
b. Of the four innate drives, she is most influenced by the drive to acquire.
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A clothing store has opened a credit account in which Judy, a college student, gets Alice, her older sister, to agree to pay the amount owed on the account if Judy fails to do so. Which of the following statements is true of this scenario?
A. Alice is the guarantor, and Alice's contract must be in writing to be enforceable. B. Alice is the guarantor, and she is primarily liable to make the payments. C. Judy is the obligor, and she is contractually liable to the guarantor. D. Judy is the obligor, and she is secondarily liable to the clothing store.
The future value of an ordinary annuity table would not include the factor
a. 0.909. b. 2.010. c. 20.300. d. 1.000.
Voyage Boat Company manufactures 100 luxury yachts per month. A compact media center is included in each yacht. Voyage Boat manufactures the media center in-house but is considering the possibility of outsourcing this function. At present, the variable cost per unit is $280, and the fixed costs are $42,000 per month. Aaron Dalton, the CEO, wishes to increase operating income by $3000. He has an offer from a foreign producer to provide the media centers at a contract cost of $350 per unit. The required savings in fixed costs in order to achieve his objective would be ________.
A) $3000 B) $7000 C) $10,000 D) $28,000
In job-order costing, payroll taxes paid by the employer for factory employees are commonly accounted for as
a. direct labor cost. b. manufacturing overhead cost. c. indirect labor cost. d. administrative cost.