In Most Situations, People Are More Likely to Comply with a Request

question 162

Multiple Choice

In most situations, people are more likely to comply with a request made by

• A)a lower status person because of sympathy.
• B)a higher status person only if he or she is polite.
• C)a higher status person even if he or she were impolite.
• D)someone of similar status to ourselves.

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Definitions:

Ending Inventory

The complete worth of goods on the market at the closure of a bookkeeping period.

First-In, First-Out (FIFO)

An accounting method where the cost of the earliest inventory items purchased are the first to be recognized in determining cost of goods sold.

Perpetual Inventory System

A system of maintaining inventory records that updates the balance of inventory after each purchase or sale in real time.

Ending Inventory

The total monetary value of products available for transaction at the end of a financial cycle.