An Academic Question (Scenario)

question 60

Multiple Choice

An Academic Question (Scenario)
As a university student, you wonder about some of the practices in the university and just how some of these practices should be evaluated in reference to social issues.
-If your university provides job-share programs, builds a day-care facility, and only uses recycled paper, it could be said to be ________.

• A) socially image conscious
• B) socially responsive
• C) fulfilling its social obligation
• D) socially aware

---

Definitions:

Equivalent Units

A concept used in cost accounting to convert partially completed goods into a number of fully completed units for inventory and cost calculations.

Yield Measures

Refer to the various ways to calculate the return on an investment, often considering interest or dividends received.

Materials Output

The quantity of materials produced or used in the production process within a specific period.

Equivalent Units

A concept used in cost accounting to express the amount of materials, labor, or overhead costs in terms of fully completed units.