Suppose That the CEO of a Financial Consulting Company Employs

question 70

Multiple Choice

Suppose that the CEO of a financial consulting company employs only tall people.Even though this CEO interviews equal numbers of short and tall applicants who are qualified to work at his company, he never hires any of the short ones.According to social psychologists, the CEO's behaviour would be BEST described as an example of ____.

• A)stereotyping
• B)discrimination
• C)prejudice
• D)aversive prejudice

---

Definitions:

Weighted-average Cost Method

This inventory costing method assigns a weighted average cost to each unit in inventory, used to calculate cost of goods sold and ending inventory.

Lower-of-cost-or-market

An accounting principle that states assets should be recorded at the lower value of either its cost or its market value.

Specific Identification

An accounting method used to track and assign costs to individual inventory items.

Costing Method

An approach or procedure used to assign costs to products or services, including methods like job order costing, process costing, and activity-based costing.