1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
konstantin123 [22]
3 years ago
11

If employees are told that budgets must be cut by 10 percent, they may automatically assume that 10 percent of employees will lo

se their jobs, too, even if that is not the case. This tendency to make assumptions is referred to as _____
A) closure
B) regularization
C) convergent thinking
D) congruence bias
Business
1 answer:
Mandarinka [93]3 years ago
7 0

Answer: This tendency to make assumptions is referred to as CLOSURE.

Explanation: CLOSURE is defined as the experience of an emotional conclusion usually to a difficult period. This is usually done bearing in mind that the experience is open to more than one meaning, interpretation or explanation. In this case, the information given to the employees is a polysemy/ambiguous making their assumptions referred to as closure.

You might be interested in
Identify the term for unsold goods, raw materials, Or work-in-progress that a company has.
ss7ja [257]

Answer:

Inventory

Explanation:

Inventory refers to

  1. The finished products in the warehouse or store that is ready for sale.
  2. Raw materials used in the production of goods
  3. Goods that in the production process, also known as work in progress.

Inventory is held with the intention of selling. It is classified as current assets. Income realized from the sale of inventory is revenue to the business.

3 0
3 years ago
Paden Company purchased merchandise from Emmett Company with freight terms of F.O.B. destination. The freight costs will be paid
Art [367]

Paden Company purchased merchandise from Emmett Company with freight terms of F.O.B. destination. The freight costs will be paid by the the buyer.

<h3>What is freight?</h3>

The physical process of transporting commodities and merchandise goods and cargo is known as freight transport. The term shipping originally referred to sea transport, but in American English, it has been expanded to include land and air transport as well.

Standard shipping time in the United States ranges from 2 to 5 business days, depending on where you're sending from and to. It may take a little longer for a package to arrive in a remote location, but in the United States, almost all states can be reached within 5 business days.

To know more about freight follow the link:

brainly.com/question/24920251

#SPJ4

6 0
1 year ago
Prepare budgetary entries, using general ledger control accounts only, for each of the following unrelated situations: (If no en
den301095 [7]

Answer:

Please see answer in explanatory column

Explanation:

Journal for  Budgetary entries

a) Anticipated revenues are $11.8 million; anticipated expenditures and encumbrances are $8.0 million

Account                                        Debit                Credit

Estimated Revenue control  $11,800,000

Appropriation control                                            $8,000,000    

Budgetary fund                                                      $3,800,000

Calculation

Budgetary fund = Estimated Revenue control  $11,800,000-

Appropriation control   $8,000,000 = $3,800,000        

b)Anticipated revenues are $8.0 million; anticipated expenditures and encumbrances are $9.4 million.

Account                                        Debit                Credit

Estimated Revenue control   $8,000,000

Budgetary fund                        $1,400,000

Appropriation control                                            $9,400,000

Budgetary fund = Estimated Revenue control  $8,000,000-

Appropriation control   $9,400,000 = -$1,400,000  , therefore will be debited

c)Anticipated revenues are $9.4 million; anticipated transfers from other funds are $1.6 million; anticipated expenditures and encumbrances are $8.0 million; anticipated transfers to other funds are $0.7 million

Account                                          Debit                             Credit

Estimated Revenue control         $9,400,000

Estimated other finance source control$1,600,000

Appropraition control                                                 $8,000,000

Estimated other finance source control                     $700,000

Budgetary fund                                                            $2,300,000

Budgetary fund = Estimated Revenue control +Estimated other finance source control) -Appropriation control + Estimated other finance source control=  $9,400,000 +$1,600,000)- $8,000,000 + 700,000 ) = 11,000,000 - $8,700,000 =$2,300,000  

d)Anticipated revenues are $8.6 million; anticipated transfers from other funds are $1.1 million; anticipated expenditures and encumbrances are $9.7 million; anticipated transfers to other funds are $1.0 million.

Account                                          Debit                             Credit

Estimated Revenue control           $8,600,000

Estimated other finance source control$1,100,000

Budgetary fund                                    $1,000,000

Appropraition control                                                 $9,700,000

Estimated other finance source control                     $1,000,000

Budgetary fund = Estimated Revenue control +Estimated other finance source control) -Appropriation control + Estimated other finance source control=  $8,600,000 +$1,100,000)- $9,700,000 + 1,000,000 ) = 9,700,000 - $10,700,000 =-$1,000,000  so will be debited

4 0
3 years ago
Alice worked for Fountain Valley, Inc., a corporation that manufactured baby supplies. According to her employment contract with
earnstyle [38]

Question Completion with Answer Options:

A. Yes, according to the terms of her contract.

B. Yes, according to the duty of good faith and fair dealing.

C. No, according to the at-will termination provision in her contract.

D. No, because subsequent conduct of the parties modified the contract.

Answer:

Fountain Valley, Inc. and Alice

B. Yes, according to the duty of good faith and fair dealing.

Explanation:

Alice is entitled to the bonus of $10,000 because the duty of good faith and fair dealing requires Fountain Valley not to deny Alice the benefits arising from their valid contract.  Since Alice's employment contract included a 5% bonus of all sales in excess of the previous 12 months' sales, the Fountain Valley, Inc. should not deny Alice's claim to the benefits.

b) Employment contract terms = $78,000/year plus 5% bonus of all sale in excess of the previous 12 months' sales.  The value of sales in 2017 is $200,000 more than in 2016.  5% of $200,000 = $10,000.  Therefore, Alice is entitled to the bonus.

8 0
2 years ago
On average, how much money is expected to be spent per person for halloween this year?.
valina [46]

This Halloween, it's anticipated that each person would spend, on average, $100.45.

Halloween, which is observed annually on October 31st, is also known as All Saints Eve or All Hollow's Eve because it was historically observed to signal the end of the harvest season and the start of the chilly, harsh winters. The night before the new year, according to the Celts, the line between the worlds of the living and the dead fuzzed. Samhain, when Halloween was thought that the spirits of the dead made a comeback to earth, was celebrated on the evening of October 31. The term "spend" is the verb's present-basic form. Second, despite referring to the past tense and past participle of the verb "spend," the term "spent" can also be employed as a verb or an adjective. To disburse cash for the sake of a person, thing, or cause is called spend.

Learn more about Spend here

brainly.com/question/15595808

#SPJ4

5 0
11 months ago
Other questions:
  • The best time to acquire technological literacy is before you have to apply for a job because ________.
    6·2 answers
  • Which of the following would be considered careers in agriculture? Select all that apply. (A. Farmer) (B. hydrologiest) (C. logg
    14·2 answers
  • When Walmart threatens to punish or punishes the other channel member for not undertaking certain tasks, such as if it were to d
    9·1 answer
  • Focus strategies are: a. sheltered from the risks associated with industry-wide strategies because of their niche focus. b. able
    6·2 answers
  • When the economy is in a recession, the government can use expansionary fiscal policy to stimulate and encourage economic growth
    11·1 answer
  • Devon is a single man whose salary is $90,000 per year. Based on the tax
    12·1 answer
  • Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase
    15·1 answer
  • A______is a breakdown of a project into its various component parts with the
    12·1 answer
  • Professional social media sites can also help employers find you. When you create an account, you describe your work history in
    8·2 answers
  • What is a worrisome consequence under the joint and several liability principle?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!