Katarina Meets a Young Man Who Has Long Hair, Saggy

question 47

Multiple Choice

Katarina meets a young man who has long hair, saggy pants, multiple facial piercings, and many tattoos. Katarina applies a schema from her past experience and immediately categorizes this young man as __________.

• A) an intellectual
• B) a fraternity brother
• C) a party boy
• D) an engineering student

---

Definitions:

Unfavorable

Refers to an outcome or condition that is disadvantageous or against the interests of a person or entity.

Favorable

A term used in accounting and finance to indicate that actual costs were lower than planned or budgeted costs.

Standard Cost System

An accounting system that uses standard costs for products or services for the purpose of controlling costs and assessing operational performance.

Standard Direct Labor-Hours

The estimated amount of labor hours required to produce a unit of product, used in budgeting and variance analysis.