Employees Logging in to Production Floor Terminals and Other Modern

question 75

True/False

Employees logging in to production floor terminals and other modern technologies greatly facilitate the use of a standard costing system.

Identify the phases and processes of management, including planning, controlling, and directing.

Comprehend the differences between managerial and financial accounting.

Recognize the goals and information needs of managerial accounting.

Know the various types of costs associated with manufacturing (direct materials, direct labor, factory overhead).

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Definitions:

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, where an association is made between a behavior and a consequence for that behavior.

Gestation

The period of development from the fertilization of an ovum until birth in pregnant mammals, including humans.

Dishabituation

The renewal of attention to a stimulus following a change, after initial habituation (or decreased response) to the same or similar stimuli.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response which is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.