in terms of cognitive responding. The cognitive responses are classified into favorable cognitive responses and unfavorable cognitive responses‚ respectively. These cognitive responses will serve as the indicators of the extent to which the participants are involve in the issues presented by mass media. Favorable cognitive responses lead to favorable attitude change and unfavorable cognitive responses lead to unfavorable attitude change. The one headed arrow from the IV pointing to the DV indicates
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Principle of Accounting II‚ Exam 3‚ spring 2010 V 1-17. A flexible budget is a budget that: A. is updated with actual costs as they occur during the period. B. is updated to reflect the actual level of activity during the period. C. is prepared using a computer spreadsheet application. D. contains only variable production costs. 2-19. Marchi Family Inn is a bed and breakfast establishment in a converted 100-year-old mansion. The Inn’s guests appreciate its gourmet breakfasts and individually
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equals the sum of the quantity variance and the price variance. True False 10. When computing a price variance‚ the price is held constant. True False 11. Within the same budget performance report‚ it is impossible to have both favorable and unfavorable variances. True False 12. Cost variances are ignored under management by exception. True False 13. Management by exception allows managers to focus on the most significant variances in performance. True False 14. Variable
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Chapter ’^ l.: v - Production Cost Variance Analyses The preceding three chapters focused on the nature‚ collection‚ and measurement of management accounting information. This is the first of five chapters that deal with the use of that information by management in controlling the organization. This chapter and Chapter 2l describe the calculation and use ofvariances. Chapters 22 to 25 deal with the use of responsibility accounting information in the management control process. Variances A variance
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Resource: WileyPLUS Exercise E20-2 Exercise E20-5 Brief Exercise BE21-4 Exercise E22-5 Question 1 Zeller Electronics Inc. produces and sells two models of pocket calculators‚ XQ-103 and XQ-104. The calculators sell for $12 and $25‚ respectively. Because of the intense competition Zeller faces‚ management budgets sales semiannually. Its projections for the first 2 quarters of 2010 are as follows. Unit Sales Product Quarter 1 Quarter 2 XQ- 103 20‚000 25‚000 XQ-104 12‚000
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INTRODUCTION After analyzing past customer preferences‚ in 2010 store 88 initiated a promotion to increase mid-week sales to even out demand. In the past approximately 80% of services were incurred on Friday‚ Saturday and Monday‚ compared to 20% incurred on Tuesday‚ Wednesday and Thursday. To even out the demand for services‚ the store initiated a program to decrease the service price to $18 on Tuesdays‚ Wednesdays‚ and Thursdays and increase the price to $30 on Fridays‚ Saturdays‚ and Mondays
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specific direction of motives‚ drives‚ rationalizations‚ and attitudes. 5) The specific direction of the motives and drives is learned from definitions of the legal codes as favorable or unfavorable‚ 6) A person becomes delinquent because of an excess of definitions favorable to violation of law over definitions unfavorable to violation of law. 7) Differential association may vary in frequency‚ duration‚ priority‚ and intensity. 8) The process of learning criminal behavior by association with criminal
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interest since it is not stated to be compounded annually. * Preferred stock – Initial investment increases by a factor of four (4) in a good market and only half of it in an unfavorable one. * Common stock - Initial investment increases by a factor of eight (8) in a good market but loses all its value in an unfavorable one. Julia has also decided that investments made should be in blocks of $ 30‚000.00. The eligibility factors required from prospective investors are also stated which includes
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and found the budgeted profits to be $606‚350. The variance amount in turn is $309‚960 under budget. Also‚ the variance amount for revenues is $32‚100. This number is favorable due to the fact that they made more than what they had budgeted for. But on the contrary‚ the variance amount for expenses was $342‚060‚ which was unfavorable because they spent far more than what they had budgeted for. This information would not be sufficient in order to explain to Norton why their profit percentage is nearly
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John Tan displayed his sense of tactfulness during his meeting with Mark Oh. Tactfulness is having the sharp sense of a situation that is difficult‚ and bearing the know-how in handling it. This is clearly shown by John’s reply to Mark’s request for a detailed plan. John was already aware of the issue on hand and has brought it up to Mark himself even before their meeting. John’s agreement to Mark’s suggestion could also mean that he was already thinking of a similar solution to tackle the problem
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