Daylen and Daven had totally different childhoods. Daylen was raised in a supportive environment, and Daven was raised in an abusive, neglectful environment. Daylen always scored about fifty points higher than Daven on cognitive ability tests when they were in school. After graduation, they both were hired by the same company for the same occupation. Now, five years later, what would be the most likely result if they both took a cognitive ability test?
A. Daven would narrow the scoring gap with Daylen because environmental influences on cognitive ability tend to decrease as people age.
B. Daven would score more than fifty points less than Daylen because the test would remind him of the last time he took the test and his abusive childhood.
C. Daylen would still score about fifty points higher than Daven because ability remains relatively stable over time.
D. Daylen would score less than Daven because cognitive ability test scores are based on improvement over previous scores.
E. Daven would outscore Daylen because adult cognitive ability is inverse to childhood cognitive ability.
Answer: A
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Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,250 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February:Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $68.20 Personnel expenses$32,300 $21.50Medical supplies 1,200 12.50Occupancy expenses 9,700 3.40Administrative expenses 5,000 0.10Total expenses$48,200 $37.50?Actual results for February: ?Revenue$156,210 Personnel expenses$80,445?Medical supplies$30,105?Occupancy expenses$16,800?Administrative expenses$5,015???The medical supplies in the flexible budget
for February would be closest to: A. $29,436 B. $28,700 C. $29,325 D. $30,789
In Baxter v. Ford Motor, where Baxter lost an eye from a broken windshield, Ford's ads about the quality of the windshield were held to create an express warranty of safety because Ford misrepresented the quality and safety of the product
a. True b. False Indicate whether the statement is true or false
Box-and-whisker plots graphically display five key statistics of a data set: the minimum, first quartile, mean, third quartile, and maximum
Indicate whether the statement is true or false
In the current year, Borden Corporation had sales of $2,030,000 and cost of goods sold of $1,215,000. Borden expects returns in the following year to equal 8% of sales. The unadjusted balance in Inventory Returns Estimated is a debit of $9000, and the unadjusted balance in Sales Refund Payable is a credit of $13,000. The adjusting entry or entries to record the expected sales returns is (are):
A.
| Accounts Receivable | 2,030,000? | |
| Sales | 2,030,000? |
B.
| Sales Refund Payable | 149,400? | |
| Accounts receivable | 149,400? |
C.
| Sales | 2,030,000? | |
| Sales Refund Payable | 162,400? | |
| Accounts receivable | 1,867,600? |
D.
| Sales returns and allowances | 149,400? | |
| Sales | 149,400? | |
| Cost of Goods Sold | 88,200? | |
| Inventory Returns Estimated | 88,200? |
E.
| Sales Returns and Allowances | 149,400? | |
| Sales Refund Payable | 149,400? | |
| Inventory Returns Estimated | 88,200? | |
| Cost of goods sold | 88,200? |