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KP

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Never results in either the highest or lowest possible net income
A)FIFO
B)LIFO
C)Weighted average

On Jul 25, 2024


c
KP

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People who believe that the events in their lives are controlled primarily by themselves are said to have an __________ locus of control.

On Jul 22, 2024


internal
KP

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If an insurance applicant sustains losses after submission of the application but before acceptance by the insurer,the rule in most states is that the insurer must nevertheless cover the losses.

On Jun 25, 2024


False
KP

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Conscientiousness is one dimension of:

A) the MARS model.
B) Schwartz's values model.
C) Myers-Briggs Type Indicator.
D) all of the above.
E) none of the above.

On Jun 22, 2024


E
KP

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Identify and briefly describe the six stages of moral development developed by Lawrence Kohlberg.

On May 26, 2024


The six stages of moral development are: obedience and punishment stage,instrumental stage,interpersonal stage,law and order stage,social contract stage,and universal principles stage.In the obedience and punishment stage,an individual does the right thing mainly to avoid punishment or to obtain approval.In the instrumental stage,an individual becomes aware that others also have needs and begins to defer to them to get what the individual wants.An individual at the interpersonal stage considers appropriate behavior as that which pleases or is approved by friends or family.Proper behavior exhibits conformity to conventional expectations,often of the majority.In the law and order stage,an individual recognizes that ethical behavior consists of doing a person's duty,showing respect for authority,and maintaining the social order for its own sake.An individual at the social contract stage is aware that others hold a variety of conflicting personal views that go beyond the letter of the law.An individual at this stage understands that,although rules and laws may be agreed on and for the most part must be followed,they can be changed if necessary.Finally,an individual at the universal principles stage views appropriate conduct as determined by a person's conscience,based on universal ethical principles.
KP

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Mandarin Company has 9%,20-year bonds outstanding with a par value of $500,000 and a carrying value of $475,000.The company calls the bonds at $482,000.Calculate the gain or loss on the retirement of these bonds.

On May 23, 2024