Which of the following is a major theory of ethics?
A. conformal field theory
B. general theory of relativity
C. ethical relativism
D. perturbation theory
Answer: C
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Which statement best defines a company's operating cash inflows?
A) collections from customers and shareholders B) collections from customers and shareholders and earnings from investments C) collections from customers and earnings from investments D) collections from customers
Which needs theory is based on the belief that successfully accomplishing the lower-level needs leads to the achievement of higher-level needs, such as gaining confidence, self-esteem, and finally self-actualization?
A. Maslow’s hierarchy of needs B. Alderfer’s ERG theory C. Herzberg’s two-factor theory D. McClelland’s acquired needs theory
Which of the following businesses most likely would have a large Unearned Revenue account balance at all times?
A) Dry cleaners B) Realtor C) Magazine publisher D) Department store
If a company has an unfavorable direct-material quantity variance, then:
A. the total direct-material variance is unfavorable. B. the direct-material price variance is favorable. C. the direct-labor efficiency variance is unfavorable. D. the total direct-material variance is favorable. E. any of the other answers can occur.