Ravi Was Upset After Reading an Article About Children Forced

question 364

Multiple Choice

Ravi was upset after reading an article about children forced to work as prostitutes. Ravi told his friends about the problem,pointing out that a well-established, underground industry exists to supply children to brothels. Ravi argued that the suppliers were methodically preying upon desperately poorfamilies, deliberately capitalizing on their difficulties. Ravi feltthat the suppliers justified their actions by convincing themselves that the children at least had a chance at a good life this way. Ravi's views are most in line with those of:

• A)Sigmund Freud.
• B)Albert Bandura.
• C)Alfred Adler.
• D)Carl Jung.

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Definitions:

Absorption Costing

Absorption costing is an accounting method that includes all direct and indirect manufacturing costs in the cost of a product.

Net Operating Income

A financial metric that calculates a company's income after operating expenses are deducted, but before interest and taxes.

Absorption Costing

A method of inventory costing in which all costs of production (both fixed and variable) are treated as product costs.

Gross Margin

Gross margin is the difference between revenue and the cost of goods sold, divided by revenue, expressed as a percentage. It measures how much a company earns taking into consideration the costs that it incurs for producing its products or services.