Four Early Psychologists Suddenly Appear in the Psychology Department of an American

question 103

Multiple Choice

Four early psychologists suddenly appear in the psychology department of an American university.Which psychologist would be most dismayed by the emphasis on mental processes in today's psychology?

• A) Sigmund Freud
• B) Wilhelm Wundt
• C) Edward Titchener
• D) John Watson

Understand how to calculate the amount of direct material purchased during the year.

Identify and calculate the ending balance in the Raw Materials inventory account.

Calculate the cost of goods manufactured for the year.

Determine the ending balance in the Work in Process inventory account.

---

Definitions:

Unearned Rent Revenue

Income received for rent that has been paid in advance by a tenant but not yet earned by the landlord.

Wages Payable

Wages payable is a liability account that records the amounts owed to employees for work that has been performed but not yet paid.

Capital Lease Contracts

Lease agreements that transfer substantially all risks and rewards of ownership from the lessor to the lessee, effectively treated as a purchase.

Computer Software

Computer Software encompasses programs and operating information used by a computer, directing how the hardware processes data and performs tasks.