Customary Standards for Behavior That Are Widely Shared by Members

question 61

Multiple Choice

Customary standards for behavior that are widely shared by members of a culture are called:

• A)attitudes.
• B)laws.
• C)norms.
• D)stereotypes.

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Definitions:

Equivalent Units

A measure used in process costing that converts partially completed units into a number of fully completed units.

Production Cost

The direct and indirect expenses incurred to manufacture goods or provide services.

Equivalent Units

A concept in cost accounting used to denote the amount of work done on incomplete units, expressed in terms of fully completed units.

Physical Units

A measure of production output or inventory in terms of the actual number of units, as opposed to the cost or value of the units.