Gant Accounting Performs Two Types of Services, Audit and Tax

question 32

Multiple Choice

Gant Accounting performs two types of services, Audit and Tax. Gant's overhead costs consist of computer support, $300,000; and legal support, $150,000. Information on the two services is: Overhead applied to tax services using activity-based costing is

• A) $150,000.
• B) $180,000.
• C) $270,000.
• D) $300,000.

---

Definitions:

Direct Observation

A research method where behaviors or events are recorded as they naturally occur, without interference or manipulation by the observer.

Internal Locus of Control

The belief that one's actions and behaviors are responsible for the outcomes in their life, rather than external forces.

External Locus

A psychological concept where individuals believe that their lives are controlled by external forces rather than their own actions.

Reciprocal Determinism

A concept in psychology introduced by Albert Bandura, suggesting that a person's behavior is influenced by personal factors and their environment, with each factor influencing and being influenced by the other simultaneously.