Reducing Reliance on Human Workers and Instead Investing Heavily in Computers

question 74

Multiple Choice

Reducing reliance on human workers and instead investing heavily in computers and online technology will

• A) reduce fixed costs and increase variable costs.
• B) reduce variable costs and increase fixed costs.
• C) have no effect on the relative proportion of fixed and variable costs.
• D) make the company less susceptible to economic swings.

Recognize the accounts that increase with debits and those that increase with credits.

Understand how different transactions impact stockholders' equity.

Know the initial point of entry for accounting transactions.

Grasp the concept of the double-entry accounting system.

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Definitions:

Unconditional Positive Regard

A nonjudgmental acceptance and support of a person regardless of what the person says or does, as practiced in client-centered therapy.

Conditions Of Worth

Standards imposed by others, particularly during childhood, that one must meet in order to be considered valuable or worthy of love.

Rogers

Refers to Carl Rogers, an influential American psychologist and founder of humanistic psychology.

Existential Dread

A profound sense of unease or anxiety stemming from the contemplation of life's inherent meaninglessness or one's freedom and responsibility.