Rajiv kept forgetting to e-mail his family back home, even though he felt he should when he was on his computer every evening. Finally, his wife scanned in a photograph of his mother and father. Now, the photo will pop up every time he boots up
The first time Rajiv sees the photo, he goes right to his e-mail and sends his folks a quick message. Why does this occur?
A) The photo created a wedge of doubt.
B) The photo crystallized an attitude.
C) The photo changed an attitude.
D) The photo created new mental images.
B
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Among the different levels of development, which one is probably the most prevalent, according to the authors?
a. pre-conventional b. conventional c. post-conventional d. modern ethical
On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $66,200 and $1900, respectively. During Year 2, Kincaid reported $166,000 of credit sales, wrote off $1400 of receivables as uncollectible, and collected cash from receivables amounting to $185,700. Kincaid estimates that it will be unable to collect one percent (1%) of credit sales.Which of the following describes the effects of Kincaid's entry to recognize the write-off of the uncollectible accounts?
A. Does not affect assets or stockholders' equity. B. Increase assets and stockholders' equity. C. Increase assets and decrease stockholders' equity. D. Decrease assets and stockholders' equity.
Projects are classified differently depending on the location of the project and whether or not the customer is foreign or native. Identify and briefly describe the four possible classifications for projects.
Fill in the blank(s) with the appropriate word(s).
Which of the following actions would be likely to shorten the cash conversion cycle?
A. Change the credit terms offered to customers from 3/10 net 30 to 1/10 net 50. B. Begin to take cash discounts on inventory purchases; the terms are 2/10 net 30. C. Adopt a new manufacturing process that saves some labor costs but slows down the conversion of raw materials to finished goods from 10 days to 20 days. D. Change the credit terms offered to customers from 2/10 net 30 to 1/10 net 60. E. Adopt a new manufacturing process that speeds up the conversion of raw materials to finished goods from 20 days to 10 days.