Stimulus Motives __________

question 53

Multiple Choice

Stimulus motives __________.

• A) are set in motion by internal stimuli
• B) deal with information about the environment in general
• C) function to assure the bare survival of the organism
• D) depend less on external stimuli than primary drives do

Distinguish between variable and absorption costing in the treatment of fixed and variable costs.

Recognize how variable and absorption costing impact the income statement presentation, specifically gross profit, contribution margin, and net profit.

Understand the application of variable and absorption costing in determining the cost of goods sold.

Grasp the implications of inventory level changes on operating income under both costing methods.