Which model of withdrawal has received the most scientific support?
A. progression model
B. autonomous model
C. compensatory forms model
D. independent forms model
E. individualistic model
Answer: A
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Use this inventory information for the month of August to answer the following question. Aug. 1 Beginning inventory 10 units @ $130 5 Purchase 60 units @ $122 14 Sale 40 units 21 Purchase 30 units @ $126 31 Sale 28 units Assuming that a perpetual inventory system is used, what is ending inventory on a FIFO basis?
A) $3,904 B) $3,984 C) $4,024 D) More information is needed.
A company's income statement showed the following: net income, $134,000; depreciation expense, $30,000; and gain on sale of plant assets, $4,000. An examination of the company's current assets and current liabilities showed the following changes: accounts receivable decreased $9,400; merchandise inventory increased $18,000; prepaid expenses increased $6,200; accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.
A. $156,600. B. $96,600. C. $141,000. D. $88,600. E. $148,600.
You are considering your housing options for next semester. The cost of a dorm room and the cost of an apartment are the same. You paid a $50 non-refundable deposit to live in the dorm last year. This deposit is an example of a(n):
A) opportunity cost. B) relevant cost. C) sunk cost. D) avoidable cost.
Beatrice has a perceived inequity with Tobias. She decided that Tobias might work a little harder than she does, therefore she picks someone else who matches her own work ethic, Jeanine. Once Beatrice has done this, she perceives an equity of fairness and feels better about her own work situation. Beatrice decided to do which of the six behaviors stated in the textbook that changes perceived inequity?
a. Change equity theory person b. Change inputs c. Pick another other d. Attempt to change outcomes