Answer:
The correct word for the blank space is: Abraham Maslow.
Explanation:
American psychologist Abraham Maslow (1908-1970) proposed the "<em>Hierarchy of Needs</em>" to explain human beings must satisfy their basic needs so they can fulfill less important necessities. If the first ones were not achieved, the latter ones could not be satisfied. Maslow summarized individual needs in five categories in the following order:
1) Physiological needs: food, water, and shelter.
2) Safety needs: personal security, health, and employment.
3) Love and belonging: friendship, family, and sense of connection.
4) Esteem: respect, recognition, and self-esteem.
5) Self-actualization: wish for self-improvement.
Answer:
An agency relationship has not been formed
Explanation:
An agency relationship has not been formed because the agreement has an illegal purpose. An agency relationship is a situation where one party calling the principal allows another party called agent to act on his or her behalf.
An agency relationship is only formed if the purpose for it's creation is legal. Meryl hired Alex to steal from Nancy, which is an illegal arrangement. Therefore an agency relationship was not formed.
Answer:
D. a felony
Explanation:
the definition of a Felony from the Oxford dictionary:
"a crime, typically one involving violence, regarded as more serious than a misdemeanor, and usually punishable by imprisonment for more than one year or by death."
Answer:
C. $148,350
Explanation:
Actual Overhead $143,350
Less: Underapplied Overhead <u>$18,220</u>
Total Overhead applied $125,130
Actual Direct labor hours = 9700 hours
Overhead rate = Total Overhead applied / Actual Direct labor hours
Overhead rate = $125,130 / 9700 hours
Overhead rate = $12.90 per hour
Estimated Direct Labor hours = 11,500 hours
Estimated Manufacturing Overhead at the beginning = Estimated Direct Labor hours * Overhead rate
Estimated Manufacturing Overhead at the beginning = 11,500 hours * $12.90 per hour
Estimated Manufacturing Overhead at the beginning = $148,350
Answer:
Date Account title and Explanation Debit Credit
31 Dec Bad Debts Expense $37,245
Allowance for doubtful debts $37,245
($31,565 + $5,680)
(To record the adjustment entry)