The Following Budget Information Is Available for Crescent Company for January

question 121

Multiple Choice

The following budget information is available for Crescent Company for January 2014: $$\begin{array} { | l | r | } \hline \text { Sales } & \$ 800,000 \\\hline \text { Cost of goods sold } & 540,000 \\\hline \text { Freight out } & 2,500 \\\hline \text { Administrative salaries } & 100,000 \\\hline \text { Sales commissions } & 5 \% \text { of sales } \\\hline \text { Advertising } & 20,000 \\\hline \text { Depreciation on store equipment } & 50,000 \\\hline \text { Rent on administration building } & 60,000 \\\hline \text { Miscellaneous administrative expenses } & 10,000 \\\hline \text { Percentage of sales on credit } & 80 \%\\\hline \end{array}$$ All operating expenses are paid in cash in the month incurred. The amount of expected cash outflow for selling and administrative expenses would be:

• A) $262,500.
• B) $247,50.
• C) $232,500.
• D) $312,500.

Examine the methods Rogers employed for assessing personality and therapy progress.

Appreciate the importance of experiential learning in Rogers's theory and therapy.

Recognize the significance of personal responsibility in the process of therapy and self-actualization.

Understand Carl Rogers's contributions and criticisms within psychology.

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Definitions:

Performance Appraisals

A systematic evaluation of an employee's job performance and productivity to understand their abilities for further growth and development.

Legally Defensible

Pertains to actions, decisions, or policies that can be successfully upheld in a court of law or against legal scrutiny.

Court

A legal institution where disputes are resolved and justice is administered under the law.

Jeffrey Pfeffer

An American business theorist and professor at Stanford University, known for his work on organizational behavior and human resources.