Describe and give an example of generalization and specialization
What will be an ideal response?
Generalization is a relationship in which one class is the more abstract expression of the properties of a set of classes: a Tree class embodies properties common to Oak, Birch, and Cedar classes. Conversely, specialization is a relationship in which a class is the less abstract expression of another class: a Rose is a Flower but the Flower class does not express the specific features of a Rose that sets it apart from other flowers. The result of generalization is a superclass (or a "parent"), while specialization arrives as subclasses (or "children").
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Which of the following characteristics does not apply to job order cost accounting?
A. Use of job cost sheets. B. Use of a single Work in Process Inventory account. C. Equivalent units of production. D. Identifiable units of production. E. Aims to compute the cost per unit of product.
Which of the following costs are relevant to inventory management decisions?
A) carrying costs B) capacity-related costs C) ordering costs D) all of the above E) none of the above
The process theories of motivation focus on the factors within the person that energize, direct, sustain, and stop behavior.
Answer the following statement true (T) or false (F)
A flow?down clause helps the general contractor get paid
Indicate whether the statement is true or false