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Dr.Goodman is a developmental psychologist.He finds that if parents in a household bring their own work home with them to do in the evenings,children in that household have better homework grades than children whose parents do not bring work home.
A) Explain modeling and vicarious conditioning.
B) Discuss how one of these concepts might explain Dr.Goodman's finding.
Static Planning Budget
A budget based on a fixed set of assumptions and output levels, without adjustments for actual activity or performance.
Variable Costs
Costs that change in proportion to the level of activity or volume of production in a business, such as materials and labor.
Activity Variance
The difference between a revenue or cost item in the flexible budget and the same item in the static planning budget. An activity variance is due solely to the difference between the actual level of activity used in the flexible budget and the level of activity assumed in the planning budget.
Flexible Budget
A report showing estimates of what revenues and costs should have been, given the actual level of activity for the period.
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