Rathbone Corp $\begin{array} { l r } \text { During 2021 } & \$ 140,000 \\\text { During 2022 } & 210,000 \\\text { During 2023 } & 99,000\end{array}$

question 41

Multiple Choice

Rathbone Corp. sells major household appliance service contracts for cash. The service contracts are for a one-year, two-year, or three-year period. Cash receipts from contracts are credited to Unearned Service Revenues. This account had a balance of $ 1,100,000 at December 31, 2020, before year-end adjustment. Service contract costs are charged as incurred to the Service Contract Expense account, which had a balance of $ 325,000 at December 31, 2020.
Service contracts still outstanding at December 31, 2020, expire as follows:
$\begin{array} { l r } \text { During 2021 } & \$ 140,000 \\\text { During 2022 } & 210,000 \\\text { During 2023 } & 99,000\end{array}$
What amount should be reported as Unearned Service Revenues on Rathbone's December 31, 2020, statement of financial position?

• A) $ 774,000
• B) $ 325,000
• C) $ 449,000
• D) $ 124,000

Explain the concept of theory of mind and its developmental significance.

Understand the relationship between observational learning and prosocial/antisocial behavior.

Identify how observational learning can influence attitudes and behaviors towards violence.

Understand Bandura’s experiments and their relevance to observational learning.

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Definitions:

Skills Approach

A perspective on leadership that emphasizes the importance of developing certain skills and abilities, such as technical, human, and conceptual skills, for effective leadership.

Leader Behaviors

Actions taken by leaders in directing, motivating, and managing team members, which can significantly influence the team's success and organizational outcomes.

Discretely

Acting in a way that is purposely unobtrusive or cautious to avoid drawing attention or revealing private information.

Situational Challenge

A circumstance or obstacle that arises from external conditions, requiring adaptation and problem-solving.