With alternative forms reliability, a low correlation may reflect either an unreliable scale or nonequivalent forms
Indicate whether the statement is true or false
TRUE
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Answer the following statements true (T) or false (F)
1. According to Alderfer's ERG theory, when one's higher-level needs are frustrated, he or she will seek more intensely to fulfill lower-level needs in what is called the frustration-regression component. 2. According to McClelland's theory, people are born with their needs for power, achievement, and affiliation. 3. In McClelland's acquired needs theory, the desire to excel at challenging tasks is part of the need for power. 4. McClelland identifies the need for personal power as positive and involving problem solving to further mutual goals.
Revenue and expense balances are transferred from the adjusted trial balance to the income statement.
Answer the following statement true (T) or false (F)
Identify and describe the stages of the generalized product life cycle. For each stage, specify the marketing objective a firm should attempt to achieve.
What will be an ideal response?
Gayner Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for November. Fixed Element per MonthVariable Element per Well ServicedActual Total for NovemberRevenue $4,300$148,400Employee salaries and wages$48,900 $1,000$84,000Servicing materials $600$20,200Other expenses$30,300 $29,600When the company prepared its planning budget at the beginning of November, it assumed that 30 wells would have been serviced. However, 34 wells were actually serviced during November.The spending variance for "Servicing materials" for November would have been closest to:
A. $2,200 F B. $200 U C. $2,200 U D. $200 F