Question : 81. Given that collectivist cultures place more importance the group than : 1246196

Psychology

81. Given that collectivist cultures place more importance on the group than on the individual, some psychologists have suggested that _____ is likely to be more effective with people from Asian and Latin cultures.
A. psychoanalysis
B. humanistic therapy
C. family therapy
D. a self-help support group

82. Researchers have found that when there is an ethnic match between the therapist and the client and when ethnic-specific services are provided, _____.
A. clients are more likely to drop out of therapy early
B. clients have better treatment outcomes
C. treatment outcomes are the same as when there is no ethnic match
D. both the client and therapist typically show evidence of bias or prejudice against other groups

83. When working with a psychotherapy client who is from a different culture, Dr. Johnson uses her knowledge of the person’s culture and ethnicity in working with the client, but is careful not to over-generalize and blindly apply her stereotypes. Which of the following labels best describes Dr. Johnson?
A. Dr. Johnson appears to be culturally insensitive.
B. Dr. Johnson appears to be culturally skilled.
C. Dr. Johnson appears to be ethnically diverse.
D. Dr. Johnson appears to be an eclectic therapist.

84. Research on the effectiveness of psychotherapy _____.
A. is mixed, in that psychotherapy works well for women but not for men
B. clearly shows that psychotherapy works
C. shows that psychoanalysis is more effective than cognitive therapy
D. shows that humanistic therapy is more effective than behavioral therapy

85. Therapy benefits most individuals with psychological problems at least through the first _____ and possibly longer.
A. month
B. three months
C. six months
D. year

86. A therapy is considered effective if _____.
A. a person feels as though it was personally beneficial
B. it frees a person from the negative effects of a psychological disorder
C. a person experiences a high level of well-being
D. it can make a person physically healthier

87. _____ is a short-term, problem-focused, directive therapy that encourages clients to accentuate the positive.
A. Psychoanalysis
B. Humanistic therapy
C. Client-centered therapy
D. Well-being therapy

88. The therapeutic alliance is the relationship between the therapist and _____.
A. the client
B. the American Psychiatric Association
C. the local government
D. other professional therapists who practice in the same state

89. Clients of therapists who do not monitor the quality of the therapeutic alliance are _____.
A. less likely to find the psychotherapy effective
B. less likely to experience negative outcomes as a result of therapy
C. likely to feel more hopeful about overcoming their disorder
D. likely to feel more respected and supported by the therapist

90. Research shows that _____ is the most important determinant of therapy outcome.
A. the therapist’s credentials
B. the cost of the therapist
C. the quality of the client’s participation
D. the client’s age

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July 1, 2023

21. The percentage-of-sales procedure arises from the idea that uncollectible amounts will vary with the volume of credit business. The firm estimates the appropriate percentage by studying its own experience or by inquiring into the experience of similar firms. Default rates generally fall within the range of .01% to .02% of credit sales.

22. The percentage-of-completion method measures the proportion of total work carried out during the accounting period either from engineers' estimates of the degree of completion or from the ratio of costs incurred to date to the total costs expected for the entire contract.

23. A common-size income statement expresses each expense and net income as a percentage of
A. assets.
B. revenues.
C. liabilities.
D. expenses.
E. shareholders’ equity.

24. If the firm has received a promise of payment but cannot measure this promise with reasonable reliability,
A. U.S. GAAP would permit revenue to be recognized, but IFRS would not permit revenue to be recognized.
B. U.S. GAAP would not permit revenue to be recognized, but IFRS would permit revenue to be recognized.
C. neither U.S. GAAP nor IFRS would permit revenue to be recognized.
D. U.S. GAAP and IFRS would permit revenue to be recognized.
E. none of the above

25. Which section includes income derived from a firm’s primary business activities as well as from activities peripherally related to operations? (The firm expects these sources of earnings to continue.)
A. income from continuing operations
B. income, gains, and losses from discontinued operations
C. extraordinary gains and losses
D. retained earnings
E. paid-in-capital

26. Operating risks
A. include variability in sales from changing economic conditions (cyclicality risk).
B. include variability in sales from short product life cycles (because of technological change or changes in consumer taste).
C. include variability of earnings that arises when the firm has a high proportion of fixed costs that do not change as sales change.
D. Answers a, b, and c are correct.
E. None of these answer choices is correct.

27. Ulrich Co. sells an asset to a buyer for a total sales price of $6,000 with a payment schedule of $2,000 in year 1, $2,000 in year 2, and $2,000 in year 3. The cost of the asset is $5,000. Under the cost-recovery-first method, what amount of net profit is recognized in year 3?
A. $2,000
B. $1,000
C. $666.67
D. $333.33
E. $0

28. Which of the following is true regarding income recognition?
A. The seller must have substantially performed its obligations to the customer (for example, by transferring ownership of goods to the customer).
B. The seller must have obtained an asset from the customer that it can reliably measure. If the asset is not cash, the seller must be reasonably certain of converting it into cash.
C. The firm recognizes expenses when it consumes assets.
D. If an event or transaction leads to the recognition of revenue, the firm matches the consumption of any assets (the expense), in time, with the revenue recognized.
E. all of the above

29. Cowden Properties

Cowden Properties sold a condominium to Ms. Roberts for $90,000. Cowden originally acquired the condo at a cost of $40,000 and made improvements to the unit totaling $20,000. The contract for sale required Ms. Roberts to pay the $90,000 as follows: