On July 15, 2018, Ortiz & Co

question 83

Multiple Choice

On July 15, 2018, Ortiz & Co. signed a contract to provide EverFresh Bakery with an ingredient-weighing system for a price of $90,000. The system included finely tuned scales that fit into EverFresh's automated assembly line, Ortiz's proprietary software modified to allow the weighing system to function in EverFresh's automated system, and a one-year contract to calibrate the equipment and software on an as-needed basis. (Ortiz competes with other vendors who offer ongoing calibration contracts for Ortiz's systems.) If Ortiz was to provide these goods or services separately, it would charge $60,000 for the scales, $10,000 for the software, and $30,000 for the calibration contract. Ortiz delivered and installed the equipment and software on August 1, 2018, and the calibration service commenced on that date. How many performance obligations exist in this contract?

• A) 0
• B) 1
• C) 2
• D) 3

Grasp the concept and applications of the Myers-Briggs Type Indicator (MBTI) in understanding personality types.

Distinguish between individuals with external vs. internal locus of control.

Comprehend personality characteristics like authoritarianism, Machiavellianism, and their impact on organizational behavior.

Acknowledge the legal and ethical considerations in using personality tests for hiring.

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Definitions:

Unconditional Positive Regard

A term primarily associated with humanistic psychology, especially in the context of therapy, referring to complete and total acceptance of someone regardless of their actions or feelings.

Nonjudgmental Acceptance

The practice of receiving information or experiencing something without casting judgment on it, essential to creating a supportive and open environment.

Client-Centred

A therapeutic approach developed by Carl Rogers, emphasizing the therapist's empathy and unconditional positive regard towards the client, facilitating self-discovery and personal growth.

Client-Centred Therapist

A therapist who emphasizes understanding and valuing clients' perspectives and empowering them to find their solutions.