All of the Following Statements Are Borne Out by Research

question 35

Multiple Choice

All of the following statements are borne out by research on families as socializing agents, EXCEPT that

• A) the social class of a family affects the socialization process.
• B) families that are abusive usually produce well-behaved children.
• C) middle income parents are likely to teach children the value of independence.
• D) lower income parents tend to train children to respect and obey parental authority.

Classify costs as product, period, committed fixed, or discretionary fixed costs.

Calculate the effects of activity level changes on per unit and total fixed costs.

Identify and interpret differential, sunk, and opportunity costs in decision-making.

Utilize the standard cost formula for total, fixed, and variable costs.