aayushacharya007

What are “weasel words”?

Is free will real or just an illusion?

A dollar is a good or poor conducter

Which personality trait tends to increase with age?

what factor is not involved in the emergence of the theory of mind?

The ________ perspective emphasizes that stereotypes can be useful categories that allow us to process information efficiently.

Select one:

a. cognitive

b. motivational

c. sociocultural

d. economic

e. emotional

According to the _________ approach racism is a byproduct of biased individuals 

Select one:

a. social identity

b. cultural

c. atomistic

d. sociocultural

in process costing a seperate work in process account is kept for each:

individual order

equivelent units

processing departmet

cost category ( materials and conversions)

select correct answer

1. Which of the following is correct about a company’s contribution margin ratio?

a) The smaller the ratio, the smaller the total level of sales required to cover fixed expenses.

b) Two companies with the same margin of safety in dollars will always have the same contribution margin ratio.

c) The contribution margin decreases if the variable expense per unit decreases if all other factors remain unchanged.

d) In two companies making the same product with the same sales and total expenses, the contribution margin ratio will be higher in the company with a higher proportion of fixed expenses in its cost structure.

2. In process costing, a separate work-in-process (WIP) account is kept for each:

a) Individual order

b) Processing department

c) Equivalent unit

d) Cost category (ie. materials, conversion costs)

3. Which of the following is incorrect in regards to process costing?

a) Costs are accumulated by processing department.

b) Units produced are indistinguishable from each other.

c) Process costing is appropriate for a manufacturer who makes products to order.

d) A job-order costing system has the same basic purposes as a process costing system.

Which of the following statements is correct?

a) Shifting sales mix from low-margin items to high-margin items will decrease total company profits even though total sales increase.

b) For two companies making the same product with similar total sales and expenses, the contribution margin will be lower in the company with the higher proportion of fixed expenses in its cost structure.

c) The smaller the contribution margin ratio, the smaller the amount of sales is needed to cover a given amount of fixed expenses.

d) A company with high operating leverage will experience a larger reduction in profit in a period of declining sales than a company with low operating leverage.

Which of the following is not true for a firm with highoperating leverage?

a. It has a relatively high amount of fixed costs.

b. It is generally thought to be riskier than a company withlower operating leverage.

c. It has a larger contribution margin ratio than similarfirms.

d. If sales increase, its profits will increase slower than acompany with lower operating leverage.

Q. incremental analysis is an analytical approach that focuses only revenue and cost that will not change as a result of a decision

True or False

Incremental analysis is an analytical approach that focuses only on those revenues and costs that will not change as a result of a decision. T or F

If the variable expense per unit decreases, and all other factors remain the same, the contribution margin ratio will increase. T or F

The total volume in sales dollars that would be required to attain a given target profit is determined by dividing the target profit by the contribution margin ratio. T or F

Under variable costing, fixed manufacturing overhead is treated as a product cost. T or F

Variable costing is more compatible with cost-volume-profit analysis than is absorption costing. T or F

Variable manufacturing overhead costs are treated as product costs under both absorption and variable costing. T or F

Transfer payments are

The events of September 11, 2001 had a major direct impact on the economy's GDP.

What is creeping inflation?

What is true of both expansions and recessions?

During a recession, a rising unemployment rate is

If there is a large increase in the price of oil, which of the following would most likely occur in the short run?

A demand shock

If output exceeds its full-employment level, the wage rate will eventually fall, causing a drop in the price level and a drop in real GDP until full employment is restored.

If there is an excess demand for money, there is an excess

If the interest rate dropped, what would be the effect on spending?

To calculate a 94% confidence interval for a population proportion, find    

What are the two main branches of statistics?

What does the SDAS mean in excel?

dire.wolf.summary

What is a law?
A. a scientific
explanation for a set
of observations that
can be tested
B. a proven,
universal truth that
states what happens
C. a well-tested
explanation as to
why something
occurs that is
generally accepted
D. an assumption
made about an
experiment

The signals created in this type of 
cell is ____(3)____ in nature. 

True or False 

A dN/dS value of > 1 is indicative of positive selection and a value < 1 is indicative of neutrality.

True or False 

FST indicates how much of the total genetic variation in a metapopulation is distributed among subpopulations, rather than within subpopulations.

True or False 

Pleiotropy is the term used to describe when two genes interact to produce the phenotype.

True or False 

If an allele rises in frequency from one generation to the next, it must increase the survival rate of its carriers.

True or False 

A population can be said to be evolving if it is in Hardy-Weinberg Disequilibrium.

True or False: 

The ultimate result of drift is the random fixation of alleles and genetic differentiation within a population.
Group of answer choices

True

False

True or False

Mutation is the ultimate source of genetic variation.

Compare & Contrast: Common garden experiment and reciprocal transplant experiment

A corporation is a business organized under federal law that is a separate legal entity.

true

false

Assuming the perpetual inventory system is used, which of the following statements about the multistep income statement is correct?

A.Sales discounts affect the calculation of Gross Profit.

B.Contra-accounts affect the Cost of Goods Sold.

C.Contra-revenue accounts increase Other Expenses.

D.Sales discounts are a Selling, General, and Administrative Expense.

Which of the following is an account that is shown on the balance sheet for a merchandiser but not on the balance sheet of a service business?

A.Sales Discounts Forfeited

B.UNearned Revenue

c.Estimated Returns Inventory

D.Cost of goods sold

Which of the following is not a basic step in modeling process decision requirements?

Multiple Choice

Decompose and refine requirements.

Identify required decisions.

Identify process steps.

Specify decision information and knowledge requirements.

Document decisions and how they impact business objectives.

When IFRS uses the cost recovery method to account for a long-term contract,:

A. Revenue typically is recognized in excess of costs incurred early in the life of the contract.

B. Costs in excess of revenue are typically recognized early in the life of the contract.

C. Revenue equal to costs are typically recognized early in the life of the contract.

D. Revenue is based on contract completion, not on costs, early in the life of the contract.

Ladow Inc. incurred a $32,000 net operating loss in 2018. If Ladow's 2019 taxable income was $38,000 before NOLs, compute Ladow's 2019 NOL deduction.

Multiple Choice

$0

$25,600

$30,400

$32,000

When a US citizen or resident and his nonresident alien spouse have not elected to be taxed as if both had been citizens or residents for the entire year, which of the following statements is false?

A. Earned income is treated as the income of the spouse rendering the service.

B. Income derived from separate property of one spouse is attributed to that spouse.

C. Other community income is allocated by the community property laws of the domicile.

D. The couple may file separatety and split the total earned and other income,

A US citzen domiciled in New Mexico is married to a nonresident alien. They do not elect to treat the nonresident spouse as a US resident. The nonresident alien has no U.S. income this year. Which of the following statements is true?

A. The U.S. citizen can benefit from splitting earned income.

B. The U.S. citizen can benefit from splitting partnership income.

C. The U.S citizen can benefit from splitting self employment income.

D. The U.S. citizen can benefit from splitting unearned income.

All companies filing annually with the Securities and Exchange Commission ate required to have an annual external audit.

True

False

CPA firms are never allowed to provide bookkeeping services for audit clients.

True

False

Membership in the AICPA is restricted to CPAs who are currently practicing as independent auditors.

True

False

Membership in the AICPA is mandatory for all licensed practicing CPAs.

True

False

Statements on Auditing Standards (SASs) are issued by the Auditing Standards Board of the AICPA.

True

False

In a limited liability partnership (LLP), partners are personally liable for liabilities arising from negligent acts of other partners, but not for liabilities arising from negligent acts of non-partner employees.

True

False

The first standard of field work states that due professional care is to be exercised in the performance of the audit and the preparation of the report.

True

False

The standards of reporting require that the reports states whether the financial statements are presented in accordance with generally accepted auditing standards

True

False

Statements on Auditing Standards (SASs) are considered to be interpretations of the 10 generally accepted auditing standards.

True

False

Quality controls ate procedures used by a CPA firm to help ensure that generally accepted auditing standards are followed consistently on every audit engagement.

True

False

The _________________________________ is based on the notion that, at the molecular level, most of the observed variation is not due to natural selection but rather the genetic drift of mutations.