Answers

EZ

Answered

Investors stage their capital commitments as a way to motivate the entrepreneurial team.

On Jul 11, 2024


True
EZ

Answered

If the price a consumer pays for a product is equal to a consumer's willingness to pay, then the consumer surplus relevant to that purchase is

A) zero.
B) negative, and the consumer would not purchase the product.
C) positive, and the consumer would purchase the product.
D) There is not enough information given to answer this question.

On Jul 09, 2024


A
EZ

Answered

The entries to record the cost and sale of a finished good on account is

A) debit Cost of Goods Sold, credit Finished Goods
B) debit Cost of Goods Sold, credit Finished Goods, debit Accounts Receivable, credit Sales
C) debit Sales Expense, credit Finished Goods, credit Cash, credit Accounts Receivable
D) debit Work in Process, credit Finished Goods, debit Accounts Receivable, credit Sales

On Jun 11, 2024


B
EZ

Answered

When Jacob first thought of buying a new vehicle, he could name at least eight SUV models. His friend Emily could think of only four. Jacob spent several weeks researching SUVs and rejected five of the models. His evoked set is now smaller than Emily's. Why?

A) The evoked set contains only the products that can be remembered at any given time.
B) The evoked set is gender specific in that women remember products better than men.
C) A product is not likely to be in the evoked set once it has been considered and then rejected.
D) Functional risk creates a cognitive dissonance that makes certain products difficult to consciously remember.

On Jun 08, 2024


C
EZ

Answered

Process-focused facilities and repetitive facilities generate forward-looking schedules, but process-focused facilities do this with JIT and kanban while repetitive facilities generally use MRP.

On May 12, 2024


False
EZ

Answered

One of the tenets of the interpersonal complementarity hypothesis is dominant behaviors elicit submissive behaviors and vice versa.

On May 09, 2024


True