Nita Is a Psychologist, Whose Specialties Involve Working with Gifted

question 384

Multiple Choice

Nita is a psychologist, whose specialties involve working with gifted and disabled students, conducting intelligence testing, and applying classroom management strategies. Nita is most likely a(n) __________ psychologist.

• A)cognitive
• B)educational
• C)intellectual
• D)behavioral

Recognize the importance of employee vacations as a strength in the system of internal controls for promoting operational efficiency.

Understand the scope of internal control, emphasizing the significance of authority levels and physical controls.

Acknowledge the role of technology in internal controls and the persistent need for such systems in automated environments.

Identify the principles of segregating duties to enhance the effectiveness of internal control systems.

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Definitions:

Long Lines

Typically a result of excessive demand or insufficient supply, creating a situation where people have to wait for a long time to avail of a service or purchase a product.

Rationing Methods

Techniques used to distribute scarce goods among consumers when demand exceeds supply, such as price increments, waiting lists, or coupons.

Binding Price Ceiling

A government-imposed limit on the price of a good or service that is set below the equilibrium market price, leading to shortages.

Binding Price Ceiling

A price ceiling set below the equilibrium price, leading to a shortage of goods since demand exceeds supply at the set price.