Scenario 13-9 Ellie Has Been Working for an Engineering Firm and Earning

question 73

Multiple Choice

Scenario 13-9
Ellie has been working for an engineering firm and earning an annual salary of $80,000. She decides to open her own engineering business. Her annual expenses will include $15,000 for office rent, $3,000 for equipment rental, $1,000 for supplies, $1,200 for utilities, and a $35,000 salary for a secretary/bookkeeper. Ellie will cover her start-up expenses by cashing in a $20,000 certificate of deposit on which she was earning annual interest of $500.
-Refer to Scenario 13-9. Ellie's annual accounting costs will equal

• A)$55,200.
• B)$75,200.
• C)$80,500.
• D)$165,700.

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Definitions:

IR

Insulin Resistance, a condition in which cells fail to respond normally to insulin, often leading to type 2 diabetes.

Csikszentmihalyi's Model

A psychological concept, proposed by Mihaly Csikszentmihalyi, that describes a state of deep engagement and fulfillment.

Skill Ability

The capability to perform tasks and solve problems effectively due to one's knowledge and practice.

Task Complexity

Refers to the degree of difficulty, interdependence, and variety of tasks involved in a specific job or project.