The Percentage of Sales Method Is Based on Which of the Following

question 12

Multiple Choice

The percentage of sales method is based on which of the following assumptions?

• A) All balance sheet accounts are tied directly to sales.
• B) Most balance sheet accounts are tied directly to sales.
• C) The current level of total assets is optimal for the current sales level.
• D) Answers a and c above.
• E) Answers b and c above.

---

Definitions:

Situational Attributions

Explanations of behavior that attribute actions to external, situational factors rather than internal traits.

Social Norm

Unwritten rules or expectations for behavior within a society or group, guiding members on how to act in typical situations.

Entrapment

A legal defense theory claiming that agents of the government induced a person to commit a crime they would not have otherwise committed.

Authority

In social psychology, it refers to the power or right to give orders, make decisions, and enforce obedience.