Athabasca University (AU )
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Define Accounting 
Accounting is the process of identifying, measuring, recording, and communicating an organization's economic activities to users for decision making 
Managerial Accounting 
Serves decision-making needs of internal users. 
Financial Accounting 
Focuses on external reporting to meet the needs of external users. 
List and Describe forms of business organization 
Proprietorship, partnership and corporation. 
Explain GAAP (Generally Accepted Accounting Principles) 
GAAP followed i...
Cohort Effects - relative similarities of a person's birth, era, or generation. (ie. millennials) 
 
Continuity vs. Discontinuity - continuity: development is gradual and occurs slowly 
discontinuity: sudden changes (age-related stages) 
 
Scientific Method - 1. conceptualize 
2. collect data 
3. draw conclusions 
4. revise 
 
Freuds Theoretical Orientation - Psychoanalytic Theory 
- oral (birth-1yr) 
- anal (1-3yrs) 
-phallic (3-6yrs) interest in genitals 
-latency (6yrs-puberty) suppressed se...
lifespan perspective 
refers to the idea that development is a lifelong process 
cognitive domain of development 
-focuses on how internal mental processes can change over time 
-language development 
-memory 
-logical reasoning 
-abstract inferences 
-moral reasoning 
psychosocial domain of development 
-focuses on changes in emotion 
-self-esteem 
-romantic relationships 
-emotional stability 
-identity development 
-career placement 
physical domain of development 
-focuses on how the body ch...
interdependence theory - version of social exchange theory that focuses on the rules that predict how interdependent partners will behave toward eachother and how they evaluate the outcomes of their interactions 
 
given outcome matrix - behavior motivated by self interest 
 
effective outcome matrix - after transformation of motivation, behavior motivated by broader considerations 
 
Why do we engage in transformation of motivation? - because of personal disposition or relationship motives 
 
n...
Piaget's stages of cognitive development - sensorimotor, preoperational, concrete operational, formal operational 
 
sensorimotor - birth-2 years (Piaget) 
-reflexes to goal directed activity 
-from body to outside world 
-development of object permanence 
-from action to mental representation 
 
preoperational - 2-7 years (Piaget) 
-represent actions mentally 
-no logical thought 
-intuitive thought 
-egocentrism 
-lack of conservation 
 
intuitive thought - asking why questions and thinking...
To be a science, Psych needs to look at what's observable ____ of you. This was said by ____ ____ - observable; John Watson 
 
B.F. Skinner changed view of observable to an n= - 1 
 
Relationship between one event and another is predicable - functional relations 
 
____ behavior is only observable to the person behaving - covert 
 
___ behavior is observable to others - overt 
 
_____ learning is reflexive - respondent 
 
____ learning is an emitted response more impacted by consequences - oper...
A-not-B error - Also called AB error, this occurs when infants make the mistake of selecting the familiar hiding place (A) to locate an object, rather than looking in the new hiding place (B), as they progress into substage 4 in Piaget's sensorimotor stage. 
 
accommodation - Piagetian concept of adjusting schemes to fit new information and experiences. 
 
acculturation - Cultural changes that occur when one culture comes in contact with another culture. 
 
active (niche-picking) genotype-envir...
Relationship ideologies - expectations for closeness or distance as well as ideas about how partners should play their roles; important that couple's match 
 
Mindsight - understanding the workings of one's own mind and understanding the mind of another; acknowledging the power of the mind, and our ability to take control and choose how we feel and how we want to respond to situations by directing our attention 
 
Mindsight equation - Insight + Empathy = 
 
The Hub - inner place of the mind fr...
MGSC 368 Ch.1-4 formulas exam Questions and Answers Graded A 2024
Single-period problem - Answers the question of how much to order 
when an item is purchased only one time and it is expected that it will 
be used and then not reordered. 
 Fixed-order quantity model (Q-model) - An inventory control model 
where the amount requisitioned is fixed and the actual ordering is 
triggered by inventory dropping to a specified level of inventory. 
 Fixed-time period model (P-model) - An inventory control model that 
specifies inventory is ordered at the end of a p...