Riley Is a Manager at the Tinker Tools

question 158

Multiple Choice

Riley is a manager at the Tinker Tools. She is expected to make decisions that are in the organization's best economic interests. Her decisions should be based on which of the following models?

• A) The administrative model of decision making
• B) The garbage can model of decision making
• C) The scientific management model of decision making
• D) The classical model of decision making
• E) The humanistic model of decision making

Analyze the impact of inventory valuation choices on financial ratios and business decisions.

Understand the accounting treatment for merchandise returns and allowances.

Distinguish between perpetual and periodic inventory systems and their respective accounting transactions.

Recognize the impact of purchase discounts, sales discounts, and credit card sales on financial statements.

---

Definitions:

External Attributions

The process of explaining someone's behavior by attributing it to situational factors outside the individual.

Rational Judgments

Decisions or opinions formed based on logic, reason, and factual analysis rather than emotions or intuition.

Bad Mood

A general feeling of being upset or unhappy, often temporary and influenced by external or internal factors.

Primary Appraisal

The initial evaluation process where an individual assesses the significance of a stressful event or situation.