Hugo Münsterberg

question 42

Multiple Choice

Hugo Münsterberg .

• A)promoted the use of psychological tests to select employees
• B)is considered to be the father of I-O psychology
• C)was the first to apply psychology to advertising
• D)designed the Personal Data Sheet during WWI

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Definitions:

Unrealized Intercompany Profits

Profits that result from transactions between parent and subsidiary companies that have not yet been realized through sales to external parties.

Equity Method

An accounting technique used by companies to record their investments in other companies, adjusting the investment for the investor's share of the investee's profits or losses.

Consolidated Inventory

The total value of all inventories held by a parent company and its subsidiaries, accounted for in a consolidated financial statement.

Unrealized Inventory Profits

Profits that are reported on paper through an increase in inventory value but have not yet been realized through sales.