37 Pages

Status

Course: SOC 150a, Spring 2009
School: Berkeley
Rating:
 
 
 
 
 

Word Count: 1976

Document Preview

to Groups tend divide into relative hierarchies based on status Status = an individual's relative standing in a group's hierarchy based on prestige, honor, and respect Your position in a status hierarchy reflects These how good people think you are hierarchies are the product of all status-relevant information available "Status characteristics" Characteristics of individuals that are...

Register Now

Unformatted Document Excerpt

Coursehero >> California >> Berkeley >> SOC 150a

Course Hero has millions of student submitted documents similar to the one
below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.

Course Hero has millions of student submitted documents similar to the one below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.
to Groups tend divide into relative hierarchies based on status Status = an individual's relative standing in a group's hierarchy based on prestige, honor, and respect Your position in a status hierarchy reflects These how good people think you are hierarchies are the product of all status-relevant information available "Status characteristics" Characteristics of individuals that are status-relevant Information about these characteristics is combined to create a general sense of each person's position in the group's status hierarchy Bases of status differentiation ("status characteristics") include.... Bases of discrimination in the larger society Race Gender Sexual Orientation Wealth Power Attractiveness But also, more merit-based factors that more directly reflect perceived levels of competence or virtue Education Specific skills Intelligence Generosity, honesty Thus, status hierarchies are based on both fair and unfair criteria And status hierarchies have both good and bad effects They lead to patterns of discrimination But also streamline interaction and help groups coordinate action What does status do? Higher Status standing Greater respect from others Greater influence leads to.... More opportunities to speak Ideas/thoughts more positively evaluated Higher perceived competence Higher perceived honesty and integrity Better pay More lenient standards of evaluation Making it hard to lose status Status hierarchies are relative You are "ranked" relative to others around you or in your group The exact same person could be low status in one setting (popular kids, wealthy people) but high in another (with nerdy kids, poor people) Likewise, you could have apparently high status characteristics (wealthy, white male) but be low status in a certain group In one day one person could occupy many status levels Think of an example from your life Steerage, Alfred Stieglitz Different cultures and historical periods develop different criteria for status stratification The Geneaology of Morals (1887) Romans Friedrich Nietzsche (1844 1900) vs. Christians Roman idea of morality and what is deserving of respect based on might, power, competence, excellence Virtue = virtuoso Michael Jordan, Bill Gates, Yo-Yo Ma Christian conception based on generosity, honesty, self-sacrifice Virtue = Principled, ethical, chaste Research shows that even those unfairly disadvantaged by status beliefs tend to hold them Goldberg 1968 Both men and women rated a text authored Kenneth and Mamie Clark doll experiments by a woman lower than if the same text was authored by a man Black children viewed white dolls as prettier, preferred playing with them, and colored themselves as lighter than they really were Research cited in Brown vs. the Board of Education (1954) Part of the impetus for "black is beautiful" 1st and 2nd African-Americans to receive PhDs from Columbia Kenneth and Mamie Clark movement of 1970's Replicated recently: See "A Girl Like Me," on youtube Theory developed in the 1960's at Stanford University (Berger et al.) Asserts that observable characteristics that differentiate group members (e.g., age, gender, & race) are: Differentially valued in a culture Generate differential competency expectations for group members And consequently lead to a hierarchical distribution of participation & influence across members of the group Diffuse Attributes that are believed to provide an indirect indication of a member's level of ability on the group's task (e.g. race, gender) Specific Attributes that more directly and precisely indicate someone's level of ability on the group's task (e.g., knowledge of history or cars) May be relevant or non-relevant to the task Scope conditions Groups working on a task Collectively-oriented Status characteristics that differentiate group members can affect status hierarchies even when they are unrelated to the group's task SCT predicts how diffuse and specific status characteristics combine to create status hierarchies in groups SCT makes very accurate predictions for participation and influence rates between status-differentiated individuals in groups "Status and performance on mental ability tests" (Lovaglia et al. 1998) Wanted to offer another perspective on "The Bell Curve" Psychology research that attributed lower test scores by African-Americans to innate biological inferiority Maybe these effects were driven by status differences, not innate differences in ability If status differences are made salient, low status individuals should perform worse than high status individuals on tests Researchers identified a characteristic unrelated to status in the study population: handedness (left/right) In one condition participants were told that left- handers were better at a logic test that all participants were about to take In the other condition they said this about righthanders Added other stigmas (e.g., a sign saying "harassment of left/right-handers will not be tolerated") Found a significant testing gap This gap was created purely by the stigmatization of a category previously unrelated to status, and totally unrelated to ability on the test Perhaps this is the process that produces past race test score gap? Motherhood as a Status Characteristic (Correll, Benard, & Paik 2006) Researchers wanted to explain "motherhood wage penalty" Mothers tend to make less money relative to women without children, fathers Set up a resume evaluation study Manipulated whether men/women were parents or not Found that mothers were assigned lower wages, likelihood of promotion even if their qualifications were the same But fathers received a boost Mothers were seen as less competent and committed Motherhood as a Status Characteristic, cont'd Lab results replicated in an "audit study" Job applications sent out for white collar jobs in NYC Mothers got fewer call backs No effect for men of being fathers or not Does discrimination persist in the job market? (Devah Pager 2002; 2006) Many say "no" Especially economists who claim that discrimination would be eliminated by market forces Sociologists point to data that shows women still make less than men, blacks and Latinos less than whites, etc. But many answers to these data exist, including that the wages reflect real differences in credentials So who is right? Clearly an experiment is needed! Take 2 job applicants who are identical in credentials, but one is white and the other is black. Will the white applicant be more likely to get the job? Similar logic to Lovaglia et al. (1998) Pager has conducted several "audit" studies Experimental where studies confederates actually apply for jobs to study discrimination This is her most recent study... Pager had confederates apply for real (low wage) jobs in NYC They reported identical qualifications Applied to exact same employers But varied applicants by ethnicity/race Study A: White, black, and Latino confederates applied for jobs Looked at rate of positive responses Being offered job, called back for a second interview Results: Whites: Latinos: Blacks: 23% positive response rate 19% 13% Study B: How extreme is the race/ethnicity penalty? Does it compare to the penalty for being a felon? Black, Latino, and white with a past felony confederates applied for jobs Results: White felons: 13% positive response rate Latinos: 14% Blacks: 10% Examples of employers telling black applicants that they were looking for a different "kind of person"...then hiring an identical white applicant fresh out of prison the same day Conclusions Several examples of employers channeling black/Latino applicants into lower status jobs and whites into higher status jobs Being black in the low-wage labor market was about as difficult an impediment to employment as being fresh out of prison Latinos faced less discrimination than blacks, but were still disadvantaged relative to whites despite identical qualifications And did not receive much better job prospects than a white felon Does status solve the "collective action problem?" (Willer 2009) What is the collective action problem? The problem of how it is that groups are able to mobilize individuals to make contributions to the group Why is it that individuals contribute to collective action rather than just free-riding on others' contributions? Littering: we'd prefer a world without littering, but everyone is tempted to be selfish and litter Public protest: you might like a protest to be big and successful, but you are tempted to stay home and do something else with your time Charities: you'd like charities, like Katrina relief efforts, to be successful, but you don't wan to spend the money Potluck: we want a successful potluck, but everyone is tempted not to prepare a dish and just eat everyone else's All are situations where individual and The problem is, if everyone yields to the temptation to be selfish then collective action fails The pot-luck sucks, Katrina relief is inadequate, littering is a big problem, the protest goes unattended Hobbes' "state of nature," where everyone is selfish So why do people overcome their temptation to be selfish, and opt instead to give to the group? Perhaps it is to gain status in the group Giving to the group indicates generosity, concern Study A: I set up a collective action/group task situation where everyone could contribute resources into a pool that would benefit the whole group, or they could keep their resources and "free ride" on others' contributions Everyone had an endowment of $5 which they could invest in a pool The pool was doubled and divided equally Everyone would like to keep their endowment, but if everyone does, then there's no pool to be doubled Results: Those who gave more... Were seen as higher status Had more influence in a subsequent task Were given more resources in an altruism opportunity Were cooperated with more often Giving "pays" Study B: Same study, except after giving ratings participants were given feedback on how others rated them Actually false feedback Participants either told that 2 other group members had high or low respect for them Then several more rounds where participants could contribute to the public pool Results: When participants got feedback indicating the others respected them, they... Tended to give even more after that Identified more with the group Saw the group as having greater solidarity and cohesion A virtuous cycle: giving leads to respect leads to giving Study B: Same study, except after giving ratings participants were given feedback on how others rated them Actually false feedback Participants either told that 2 other group members had high or low respect for them Then several more rounds where participants could contribute to the public pool Results: When participants got feedback indicating the others respected them, they... Tended to give even more after that Identified more with the group Saw the group as having greater solidarity and cohesion A virtuous cycle: giving leads to respect, which leads to giving Individual's Collective Action Contributions Perceived Group Motivation of Individual Individual's Collective Action Contributions Perceived Group Motivation of Individual Individual's Collective Action Contributions Individual's Relative Status Standing Perceived Group Motivation of Individual Individual's Influence Over Group Members Individual's Collective Action Contributions Individual's Relative Status Standing Cooperation and Gifts From Group Members Perceived Group Motivation of Individual Individual's Influence Over Group Members Individual's Collective Action Contributions Individual's Relative Status Standing Cooperation and Gifts From Group Members Expressions of Respect from Group Members Perceived Group Motivation of Individual Individual's Influence Over Group Members Individual's Collective Action Contributions Individual's Relative Status Standing Cooperation and Gifts From Group Members Actual Group Motivation of Individual Expressions of Respect from Group Members Individual's Feelings of Solidarity, Cohesion, and Identification with Group Perceived Group Motivation of Individual Individual's Influence Over Group Members Individual's Collective Action Contributions Individual's Relative Status Standing Cooperation and Gifts From Group Members Actual Group Motivation of Individual Expressions of Respect from Group Members Individual's Feelings of Solidarity, Cohesion, and Identification with Group Perceived Group Motivation of Individual Individual's Collective Action Contributions Individual's Relative Status Standing Actual Group Motivation of Individual Expressions of Respect from Group Members How Sartre's Error solves Hobbes' Dilemma The Social Contract Status hierarchies are relative Status standing based on meritorious characteristics, but also bases of discrimination Status characteristics are culturally determined Status has many effects on how individuals are perceived and treated Status leads to discrimination But status earned for generous behavior are part of the fundamental social fabric, helping us come together in groups So status has good and bad effects we should be mindful of Careful to judge people as individuals And if someone does a good thing for a group you care about, give them their due credit
Find millions of documents on Course Hero - Study Guides, Lecture Notes, Reference Materials, Practice Exams and more. Course Hero has millions of course specific materials providing students with the best way to expand their education.

Below is a small sample set of documents:

Berkeley - SOC - 150a
Definition: generalizations about the characteristics of members of groups These generalizations are applied to the group members whether or not they actually apply or are accurate Any group of people may face stereotypical perceptions and judg
Berkeley - SOC - 150a
What is "social psych"?Guided by belief that study of society enriched by understanding of the individual Why society? Why not the state of nature?The study of human behavior and attitudes, and how they are affected by and themselves af
A.T. Still University - CSE - CSE-106
Using JUnit in Eclipse 1, 2by Christopher BattyDepartment of Computer Science, University of Manitoba, Winnipeg, Manitoba, CanadaLast revised: October 30, 2003 Overview: In this document, we describe how to use Eclipse's built-in JUnit tools to create
A.T. Still University - CSE - CSE-106
Simulating the Power Consumption of Large-Scale Sensor Network ApplicationsVictor Shnayder, Mark Hempstead, Bor-rong Chen, Geoff Werner Allen, and Matt WelshDivision of Engineering and Applied Sciences Harvard University{shnayder,mhempste,brchen,w
Cornell - BIO - 2810
Cornell - BIO - 2810
1BioGD 281 First Preliminary Exam February 22, 2007 Name Last FirstLab Section and Instructor (or BioGD 280) This exam has 7 questions plus a bonus question on 13 pages. Make sure you have a complete copy before you begin. Two blank pages have be
Cornell - BIO - 2810
Cornell - BIO - 2810
Cornell - BIO - 2810
Concordia NY - ESL - COLLEGE ES
ESL EXCELLENCE INSITUTELISTENING AND VOCABULARY SKILLS DEVELOPMENT LESSONMS. SNYDER, ESL SPECIALISTESLEXCELLENCE@AOL.COM10/18/2008PLEASE PRINT THIS PAGE AND COME TO THE VIRTUAL CLASSROOM READY TO LISTEN AND LEARN OR LISTEN TO THE AUDIO TO COM
Concordia NY - TESOL - COLLEGE ES
THE VIRTUAL CLASSROOM LEGISLATIVE BRANCH OF GOVERNMENThttp:/www.wiziq.com/tutorsession/detail.aspx?id=98F1F7104F914C3D8B3DEE5E3A5B3E931THE VIRTUAL CLASSROOM LINK IS: THE LEGISLATIVE BRANCH Please start at slide 34. You should have audio and the
Florida A&M - CHE - 100
Amber Springer Chemistry OrientationSeptember 12, 2006When I first went to college I planned to be a plastic surgeon and major in biology. As I took my first biology class, I began to realize that I had absolutely no interest in actually doing th
Florida A&M - CHE - 100
Amber Springer Chemistry 102 Environmental Toxicology Studies in California showed that there may be major economic problems due to the use of pesticides and hazardous chemicals. Although the chemicals used to treat pest problems and for the treatmen
Florida A&M - BIO - 191
15.3Monday, November 28, 2005 11:13 PMTranscription in ProkaryotesRNA Polymerase Very Large and Complex consists of 5 subunits 1. Two alpha subunits Regulatory Proteins 1. Beta subunit Ribonucleotide 1. Beta Prime subunit DNA template 1. Sigma s
Florida A&M - BIO - 191
Overview: A World in a Drop of Water Even a low-power microscope Can reveal an astonishing menagerie of organisms in a drop of pond waterFigure 28.1Copyright 2005 Pearson Education, Inc. publishing as Benjamin Cummings50 m These amazing o
Florida A&M - BIO - 191
Chapter 27ProkaryotesPowerPoint Lectures for Biology, Seventh EditionNeil Campbell and Jane ReeceLectures by Chris RomeroCopyright 2005 Pearson Education, Inc. publishing as Benjamin Cummings Overview: They're (Almost) Everywhere! Most pr
Florida A&M - BIO - 191
Chapter 35Plant Structure, Growth, and DevelopmentPowerPoint Lectures for Biology, Seventh EditionNeil Campbell and Jane ReeceLectures by Chris RomeroCopyright 2005 Pearson Education, Inc. publishing as Benjamin Cummings Concept 35.1: The p
Florida A&M - BIO - 191
Protista IIIn laboratory I, you were introduced to animal-like protists (Protozoans), and these organisms were defined by their mobility and heterotrophic nutrition strategy. In this lab we will continue to survey this diverse group of organisms and
Florida A&M - BIO - 191
Protista IPrimitive and ancient members of the Domain Archaea and Eubacteria (both prokaryotes) were the first living organisms to inhabit this planet circa 3.5 billion years ago. Organisms in the Domain Eukaryota evolved some time later, with the f
Florida A&M - BIO - 191
Chapter 32An Introduction to Animal DiversityPowerPoint Lectures for Biology, Seventh EditionNeil Campbell and Jane ReeceLectures by Chris RomeroCopyright 2005 Pearson Education, Inc. publishing as Benjamin Cummings Overview: Welcome to You
Florida A&M - CHE - 100
dmium on M ammalian Cellsect of cadmium t oxicit y on mammalian cells by using t he bact er ia pseudomonas.There are many toxins in the environment that have an effect on mammalian cells. The National Toxicology Program of the Department of Healt
Agnes Scott College - ENG - 233
Amber Springer Eng 235 Professor Bond October 25, 2005 BelovedIn Toni Morrison's novel Beloved, the death and rejuveneation of the life of Sethe is seen. This decay and growth is to to her daughters Beloved and Denver. Denver uses manipulation tkee
Agnes Scott College - ENG - 233
Amber Springer September 13, 2005 Professor Bond English 235In the book Mumbo Jumbo, the writing style, ideas and dialect used by Ishmael Reed were very unique. The book's characters talked about the destruction an unholy religion called Jes Grew w
Agnes Scott College - HIST - 235
Amber Springer History 254 May 2, 2006 Professor Ellen Spears Media and Race Riots: Atlanta, Georgia (1906); Illinois (19081919); Tulsa, Oklahoma (1921); Detroit, Michigan (1943); Los Angeles, California (1965) The struggle for freedom and equality
Florida A&M - CHE - `0`
Kinetics of the Triplet State of a Pd PorphyrinIntroduction Phosphorescence is the spontaneous emission that may persist for long periods of time. In a fluorescence procedure, the initial absorption takes the molecule of choice to an excited electro
Florida A&M - CHE - `0`
Kinetics of the Benzophenone Ketyl Radical Anion Introduction In the presence of NaOH, the free radicals abstracted by the isopropanol solution deprotonate to the conjugate bases and undergo radical-radical termination processes that cause the loss o
Berkeley - MATH - mat 55
Math 55: Discrete MathematicsUC Berkeley, Spring 2009 Solutions to Homework # 9 (due February 18)7.1 # 5 r2 - 8r + 16 = (r - 4)2 , so the general solution is c1 4n + c2 n4n . a. c1 = c2 = 0, yes. b. No. c. No. d. Yes. e. Yes. f. Yes. g. No. h. No.
Berkeley - MATH - 55
Solutions to Homework 1.Math 55, Fall 2006. Prob 1.1.24. (a) Converse: If I stay home, then it will snow tonight. Contrapositive: If I do not stay at home, then it will not snow tonight. (b) Converse: Whenever I go to the beach, it is a sunny summer
Metro State - MGMT - 499
1. What are the dominant strategy-shaping economic characteristics of the digital music player industry (DMPI)? The largest strategy-shaping economic characteristic is the market share and growth rate. In 2006, over 13.6 million digital music players
UC Riverside - BUS 100 - 100
Ch. 1 Know the definitions of Strategy. Strategy: management's action plan for running the business and conducting operations. The crafting of a strategy represents a managerial commitment to pursue a particular set of actions in growing the busine
UC Riverside - BUS 100 - 100
Chatper 1 1. What factors affect the communication level in an organization a) nature of the business b) the operating plan c) its environment d) the geographic dispersion of its members e) its people f) its organizational culture 2. What are the typ
UC Riverside - BUS 112 - 112
CHAPTER 8Memory and RetrievalCHAPTER OUTLINEI. What Is Memory? A. Knowledge, Attitudes, and Memory 1. Memory and retrieval are affected by attention, categorization, and comprehension, and by attitude formation processes. B. Memory, Retrieval, a
UC Riverside - BUS 100 - 100
Chapter 6 What are the four parts of planning for a business message? Use Direct organizational pattern Access your reader's probable reaction to what you have to say. Begin with your objective. For instance, if you are asking for information, sta
UC Riverside - BUS 118 - 118
MIDTERM EXAM BUS 118 Electronic Marketing April 29, 2009 Format:PART 1 MULTIPLE CHOICE. 31 questions, 2 points each, 62 points total PART 2 MATCHING. 2 questions, 4 points each, 8 points total PART 3 SHORT ANSWER. 5 questions (note: only your be
UC Riverside - BUS 100 - 100
MidTerm ExamOctober 29, Business 100 Instructions:1. Remove all items except for your scantron, pencils, and the exam from your desk. Place all items underneath your desk. Please make sure your cell phones, lap top and other devices are off.
UC Riverside - BUS 118 - 118
MIDTERM EXAM BUS 118 Electronic Marketing April 29, 2009 Format:PART 1 MULTIPLE CHOICE. 31 questions, 2 points each, 62 points total PART 2 MATCHING. 2 questions, 4 points each, 8 points total PART 3 SHORT ANSWER. 5 questions (note: only your be
UC Riverside - BUS 109 - 109
Ch. 1 Know the definitions of Strategy. Strategy: management's action plan for running the business and conducting operations. The crafting of a strategy represents a managerial commitment to pursue a particular set of actions in growing the busine
UC Riverside - BUS 115 - 115
FINAL EXAM PRACTICE QUESTIONS (SHORT ANSWER / CALCULATIONS) 1. Professor Godfrey wants to know the mean number of hours per week students spend preparing for her class, plus or minus 1 hour. Since she needs to report this information to the Dean, she
UC Riverside - BUS 102 - 102
Exam Questions 1. Define and discuss the strengths and weaknesses of the pluralistic society. Identify and discuss the central components of the stakeholder environment. How might the stakeholder approach to business management improve sustainability
UC Riverside - BUS 102 - 102
Library session Rm 149 Rivera 04/20 9am 04/21 11am 04/22 1pm 04/23 9am 04/24 10am Conclusion of part 1 4 important ethics questions: 1. What is? 2. What ought to be? 3. How do we get from what is to what ought to be? 4. What is our motivation in all
UC Riverside - BUS 112 - 112
EXAM 1 STUDY OUTLINECHAPTER 2 (LECTURE 2)Developing and Using Information About Consumer BehaviorI0. Consumer Behavior Research Methods0 A0. Many tools are available for the consumer researcher to use.0 10. A survey is a written instrument that
UC Riverside - BUS 100 - 100
Practice Final 1. Preceding a refusal with an apology (such as "I deeply regret that.") is a positive way of handling refusals. A) True B) False 2. An ideal average sentence length in writing for the middle-level adult reader is 8 to 10 words A) True
UC Riverside - BUS 109 - 109
Final ReviewCh.5 to 7*Ch.1 to 4 (See Midterm Review) Know what are the FIVE generic strategies companies can choose to compete. (See Figure 5.1)1) 2) 3) 4) 5) Low Cost Provider A focused (or market niche) strategy Best cost provider strategy A b
UC Riverside - BUS 118 - 118
MIDTERM EXAM BUS 118 Electronic Marketing April 29, 2009 Format: PART 1 MULTIPLE CHOICE. 31 questions, 2 points each, 62 points total PART 2 MATCHING. 2 questions, 4 points each, 8 points total PART 3 SHORT ANSWER. 5 questions
UC Riverside - BUS 101 - 101
Second Exam Date & Time: Tuesday, February 17, 5:10 6:30pm Format: You can expect the following types of questions: true/false & multiple choice questions. You will have 1 hour 20 minutes to complete the exam. It will be closed book and closed notes
Adelphi - ACCT - 321
1 a. Revenues Variable costs Fixed costs Operating income b. Contribution margin$2,500,000 1,500,000 900,000 100,000 = Contribution margin per unit X # of units sold = $0.20 X 5,000,000 = = Fixed costs Contribution margin % $2,500,000 1,700,000 900
Troy - POL - 2241
Seth Norton POL2241 Brown Chapter 7: Public Opinion1. Define the following terms: Elite-People who have a disproportionate amount of some valued resource exit polls-Polls based on interviews conducted on Election day with randomly selected voters g
Troy - POL - 2241
Seth R. Norton POL2241 BrownCHAPTER 13: Congress1. Please define the following terms: bicameral legislature A lawmaking body made up of two chambers or parts. Caucus- An association of Congress members created to advance a political ideology or i
Troy - POL - 2241
Seth R. Norton POL2241 BrownPOL 2241 Final Exam A major difference between presidential campaigns and congressional campaigns is that D) 2. 3. 4. 5. 6. presidential races are generally more competitive. The elections that produce the largest voter t
Troy - POL - 2241
Seth Norton POL 2241 Brown Chapter 5: Civil Liberties 1. Please define the following terms: Clear and present danger test- Law should not punish speech unless there was a clear and present danger of producing harmful actions. Due process of law- Deni
Troy - POL - 2241
Seth R. Norton POL2241 Brown 1. Define the following terms: 527 organizations- Organizations that under section 527 of the Internal revenue Code, Raises and spends money to advance political causes. blanket primary- A primary election in which each v
Troy - ACCT - 2292
MULTIPLE CHOICEChapter 1 Practice Materials1. Profit is the difference between a. assets and liabilities b. the incoming cash and outgoing cash c. the assets purchased with cash contributed by the owner and the cash spent to operate the business
Troy - ACCT - 2292
Chapter 2-Analyzing TransactionsMULTIPLE CHOICE 1. Accounts a. do not reflect money amounts b. are not used by entities that manufacture products c. are records of increases and decreases in individual financial statement items d. are only used by l
Troy - ACCT - 2292
Chapter 3-The Adjusting ProcessMULTIPLE CHOICE 1. The revenue recognition concept a. is in not in conflict with the cash method of accounting b. determines when revenue is credited to a revenue account c. states that revenue is not recorded until th
Troy - ACCT - 2292
Chapter 3-The Adjusting ProcessMULTIPLE CHOICE 1. The revenue recognition concept a. is in not in conflict with the cash method of accounting b. determines when revenue is credited to a revenue account c. states that revenue is not recorded until th
Troy - ACCT - 2292
Chapter 4-Completing the Accounting CycleMULTIPLE CHOICE 1. In the accounting cycle, the last step is a. preparing the financial statements b. journalizing and posting the adjusting entries c. preparing a post-closing trial balance d. journalizing a
Troy - ACCT - 2292
Chapter 6-Accounting for Merchandising BusinessesMULTIPLE CHOICE 1. Which one of the following is not a difference between a retail business and a service business? a. in what is sold b. the inclusion of gross profit in the income statement c. accou
Troy - ACCT - 2292
Chapter 7-InventoriesMULTIPLE CHOICE 1. Under a perpetual inventory system, the amount of each type of merchandise on hand is available in the a. customer's ledger b. creditor's ledger c. inventory ledger d. merchandise inventory account ANS: C DIF:
Troy - ACCT - 2292
Chapter 8 -Sarbanes Oxley, Internal Control, & CashMULTIPLE CHOICE 1. Which one of the following below is not an element of internal control? a. risk assessment b. monitoring c. information and communication d. behavior analysis ANS: D DIF: Easy OBJ
Troy - ACCT - 2292
Chapter 9-ReceivablesMULTIPLE CHOICE 1. A note receivable due in 18 months is listed on the balance sheet under the caption a. long-term liabilities b. fixed assets c. current assets d. investments ANS: D DIF: Easy OBJ: 09-01 NAT: AACSB Analytic | A
Troy - ACCT - 2292
Chapter 10-Fixed Assets and Intangible AssetsMULTIPLE CHOICE 1. A characteristic of a fixed asset is that it is a. intangible b. used in the operations of a business c. held for sale in the ordinary course of the business d. a long term investment A