Jogg CorpPlant Operates Five Days Per Week with a Daily Payroll

question 114

Multiple Choice

Jogg Corp.plant operates five days per week with a daily payroll of $50,000.Employees are paid every Tuesday for the prior week's work (Monday through Friday) .The last day of the month is Tuesday, April 30.What effect does the accrual at April 30 have on Pub's net income?

• A) Increase by $250,000
• B) Decrease by $150,000
• C) Decrease by $100,000
• D) Increase by $150,000

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Definitions:

Automatic Processing

The unconscious encoding of incidental information, such as space, time, and frequency, and of well-learned information.

Theory of Mind

The ability to attribute mental states—beliefs, intents, desires, emotions, knowledge—to oneself and others and to understand that others have beliefs, desires, and intentions that are different from one's own.

Private Experiences

Internal, subjective states that include thoughts, feelings, and perceptions, accessible only to the individual experiencing them.

Theory of Activation-Synthesis

A theory suggesting that dreams are the result of the brain trying to make sense of random neural activity during REM sleep.