Jonas, an Employee of Pluto Inc

question 182

Multiple Choice

Jonas, an employee of Pluto Inc., thinks that business leaders should "be white." Due to this, he holds a grudge against his manager, Asera, who is an Asian. Jonas often displays defiant behaviour at the workplace. His behaviour is an example of ___.

• A) prejudice
• B) whistleblowing
• C) subordination
• D) harassment
• E) bullying

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Definitions:

Average cost method

An inventory costing method where the cost of goods sold and ending inventory is calculated based on the average cost of all units available for sale during the period.

Periodic system

An inventory accounting system in which updates to inventory levels and cost of goods sold are made at the end of an accounting period rather than after each sale.

Ending inventory

The aggregate worth of products ready for sale at the close of an accounting period, determined by summing up acquisitions to the initial inventory and deducting the cost of goods sold.

Cost flow assumption

An accounting method that determines how costs are allocated to inventory and cost of goods sold, such as FIFO, LIFO, or weighted average.