Darin Had an Automobile Accident in Which His Brother and Another

question 69

Multiple Choice

Darin had an automobile accident in which his brother and another passenger were killed.Even though Darin was driving,he survived the accident with only a few bruises.However,he is unable to recall any of the details related to this accident.In the context of Freud's defense mechanisms,Darin's inability to recall the accident best illustrates

• A)displacement.
• B)rationalization.
• C)sublimation.
• D)repression.

Understand the concept of differential revenue and cost in financial decision-making.

Comprehend the definitions and applications of sunk cost and opportunity cost.

Recognize the legal and ethical considerations in pricing, including the Robinson-Patman Act.

Identify the relevance of costs in make-or-buy decisions, further processing decisions, and special pricing strategies.

---

Definitions:

Rank-and-File Employee

Workers who are not in managerial positions and usually perform the operational tasks within an organization.

Gainsharing Plans

Programs under which both employees and the organization share financial gains according to a predetermined formula that reflects improved productivity and profitability.

Organizational Resources

The assets, capabilities, processes, and information that a company uses to improve its effectiveness and achieve its objectives.

Executive Compensation

The package of pay, benefits, and incentives provided to an organization's senior management, designed to attract and retain key executives.