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Shalnov [3]
3 years ago
8

Heidi comes from an upper-middle-class family, and after high school she went through a period of exploration. She spent some ti

me traveling around Asia, worked at Disneyland for a few summers, and then waited tables in a ski town while learning to snowboard. Now she is attending college and has made a clear commitment to go into business. According to Marcia, Heidi's current identity status would be described as:
a. identity achievement.b. foreclosure.c. role confusion.d. moratorium.
Business
1 answer:
kompoz [17]3 years ago
5 0

Answer:

a. identity achievement

Explanation:

According to Marcia's theory on identity status, "identity achievement" is the status that an adolescent chose and made a commitment to a sense of identity (which can be a role or a value, a job that they want) after he/ she has already gone through much experience, attempt and exploration, even crisis before.

In this case, Heidi despite being from the upper-middle-class, she has already spent time exploring the new environment, experienced jobs that is different from her social class and from these experiences, she understands herself and has clear objectives in the future.

Meanwhile:

+) foreclosure: they commit to a role but not having any experience, crisis, this is tend to comfort the other people's expectation

+) role confusion: have not had clear choice

+) moratorium: the status that still in crisis and exploration of role, value want to commit to

=> All these three are different from the case of Heidi.

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Suppose that the home country in the two-sector (manufacturing and agriculture) specific-factors model has a comparative advanta
Whitepunk [10]

Answer:

Explanation:

In a situation such as this one the individual workers and their families may be better off or may actually do worse due to the real wage rises in terms of agricultural goods but the real wage in terms of the manufactured goods will actually fall. Therefore it depends on the worker's unique situation and in which sector they are in which determines if they are better or worse.

5 0
3 years ago
Tidy Limited purchased a new van on January 1, 2018. The van cost $40,000. It has an estimated life of ten years and the estimat
forsale [732]

Answer:

$33,600

Explanation:

The computation is shown below:

But first we have to determined the following things

Depreciation rate

= 1 ÷ useful life

= 1 ÷ 10

= 0.1

It is double-declining so the rate is also double i.e. 0.20

Now in the first year, the depreciation expense is

= $40,000 × 0.20

= $8,000

Now in the second year, the depreciation is

= ($40,000 - $8,000) × 0.20

= $25,600

So, the accumulated depreciation at the end of 2019 is

= $8,000 + $25,600

= $33,600

Here the residual value is not relevant. hence, ignored it

6 0
3 years ago
what is the relationship between the securities and exchange chommisison and accounting standard setting in the united states
zlopas [31]

Complete Question:

What is the relationship between the Securities and Exchange Commission and accounting standard setting in the United States?

A) The SEC requires all companies listed on an exchange to submit their financial statements to the SEC.

B) The SEC coordinates with the AICPA in establishing accounting standards.

C) The SEC has a mandate to establish accounting standards for enterprises under its jurisdiction.

D) The SEC reviews financial statements for compliance.

Answer:

C) The SEC has a mandate to establish accounting standards for enterprises under its jurisdiction.

Explanation:

Accounting principle can be defined as a general guideline to be followed by accountants or financial institutions when they record and report their financial transactions.

The Securities and Exchange Commission (SEC) is a governmental agency saddled with the sole responsibility of regulating the securities or capital markets, as well as protecting investors in a country.

In the United States of America, the Securities and Exchange Commission (SEC) as an independent government agency was established under the Securities Act of 1933 and the Securities and Exchange Act of 1934 of the United States of America. It has the power to propose securities rules and regulations, and enforce federal securities law in the securities market.

GAAP is an acronym for Generally Accepted Accounting Principles, it comprises of the accounting standard, procedures and principles used by public institutions in the United States of America. The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC).

IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globally.

Hence, the relationship between the Securities and Exchange Commission and accounting standard setting in the United States is that, The SEC has a mandate to establish accounting standards for enterprises under its jurisdiction.

3 0
2 years ago
Seidman Company manufactures and sells 20,000 units of product X per month. Each unit of product X sells for $17 and has a contr
True [87]

Answer:

Effect on income= $115,000 decrease

Explanation:

Giving the following information:

Fixed costs= $45,000

Number of units= 20,000

Unitary contribution margin= $8

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income=  decrease in fixed costs - decrease in contribution margin

Effect on income= 45,000 - 20,000*8

Effect on income= $115,000 decrease

4 0
2 years ago
Jim is researching different sources to fund his college education. Jim is torn between a federal loan and a private loan. With
Colt1911 [192]
The right answer for the question that is being asked and shown above is that: "A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university." the loan should Jim choose is that he<span> should choose the federal loan since he will not have to pay interest if he attends a public university.</span>
3 0
3 years ago
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