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Chapter 4 SOCL120 OER with Workbook
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Terms in this set (28)
Age Cohort
people born within the same 5-10-year time span
Agents of Socialization
arenas in which we interact and in which the socialization process happens (e.g., schools, neighborhood, families, etc.)
Age Structure
the distribution of the number or proportion of people of various ages based upon the historic trends in birth and death rates
Antisocial Behavior
behavior that is not conducive to societal expectations, especially those that are aggressive or disruptive
Back Stage
the private places where we practice our performance, and the less guarded version of self
Degradation ceremony
a ceremony, ritual or encounter in which a total institution's resident is humiliated, often in front of the institution's other residents or officials
Dramaturgy
the idea that we can understand social interaction as if it were a theatrical performance.
Front Stage
our more public face where we deliver our performance
Gender
gender is a social concept and refers to the social and cultural differences a society assigns to feminine and masculine characteristics based on biological sex
Gender Socialization
the process by which people learn gender role expectations, as deemed appropriate by their society
Hidden curriculum
what conflict theorists call part of the schooling process that gets children accept, without questioning the cultural values of the society in which the schools are found
Impression Management
individual's routine attempts to convey a positive impression of themselves to the people with whom they interact
Life course
what are commonly referred to as stages of life (e.g., childhood, adolescence, adulthood, and old age)
Looking-glass self
a process of socialization described by Cooley through which we imagine how we appear to others and then imagine how they think of us
Mass Media
communications media, such as television, radio, newspapers and social media, that reaches a mass audience
Peer pressure
strong influence by peers in a group to affect the behavior of a member
Primary Socialization
socialization in which the individual learns the basic skills needed to function in society
Racial Socialization
the messages and practices concerning the nature of a person's racial or ethnic status as it relates to identity, interpersonal relationships and position in the social hierarchy
Radicalization
the process of developing extremist ideologies and beliefs
Religiosity
how often people practice rituals associated with religion (e.g., pray, go to service, etc.)
Resocialization
a process in which people learn new values, norms, etc. (e.g., military, going off to college, etc.)
Rite of Passage
events that mark an individual's transition from one status to another
Role of the other
when children pretend to be other people in their play and in so doing learn what these other people expect of them
Secondary Socialization
socialization which happens during and after childhood through interaction with other groups and organizations such as school
Self
one's identity, self-concept and self-image
Socialization
the process by which people learn their culture
Social Media
computer based technology that facilitates the sharing of thoughts, ideas and information
Total institutions
institutions that have total control over the lives of the people who live in them (e.g., prison, boot camps, etc.)
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Verified questions
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What is the dry adiabatic lapse rate?
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Assume that the probabilities of a customer purchasing 0,1, or 2 books at a bookstore are $0.5,0.3$, and $0.2$, respectively. What is the desired number of books a customer will purchase?
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Lyons, Inc., provides consulting services. A few of the company's business transactions occurring during June are described below: 1. On June 1, the company billed customers $\$ 5,000$ on account for consulting services rendered. Customers are required to make full payment within 30 days. 2. On June 3 , the company purchased office supplies costing $\$ 3,200$, paying $\$ 800$ cash and charging the remainder on the company's 30-day account at Office Warehouse. The supplies are expected to last several months. 3. On June 5, the company returned to Office Warehouse $\$ 100$ of supplies that were not needed. The return of these supplies reduced by $\$ 100$ the amount owed to Office Warehouse. 4. On June 17, the company issued an additional 1,000 shares of capital stock at $\$ 5$ per share. The cash raised will be used to purchase new equipment in September. 5. On June 22, the company received $\$ 1,200$ cash from customers it had billed on June 1. 6. On June 29 , the company paid its outstanding account payable to Office Warehouse. 7. On June 30 , a cash dividend totaling $\$ 1,800$ was declared and paid to the company's stockholders.\ Instructions\ d. How does the matching principle influence the manner in which the June 3 purchase of supplies is recorded in the accounting records?
finance
You are provided with the following information taken from Items Inc.’s May 31, 2014, balance sheet. Cash $19,000 Accounts receivable 47,600 Inventory 21,000 Property, plant, and equipment, net of depreciation 70,400 Accounts payable 18,200 Common stock 110,000 Retained earnings 21,800 Additional information concerning Items Inc. is as follows. 1. Gross profit is 40% of sales. 2. Actual and budgeted sales data:$ $$ \begin{array}{lrr} \text{May (actual)}&\text{\$\hspace{1pt}68,000}\\ \text{June (budgeted)}&\text{\hspace{1pt}60,000}\\ \end{array} $$ $$ 3. Sales are both cash and credit. Cash collections expected in June are: $$ $$ \begin{array}{lrr} \text{May}&\text{\$\hspace{1pt}47,600}&\text{(70\\\% of \$68,000)}\\ \text{June}&\underline{\text{\hspace{5pt}18,000}}&\text{(30\\\% of \$60,000)}\\ &\underline{\underline{\text{\$\hspace{1pt}65,600}}}\\ \end{array} $$ $$ 4. Half of a month’s purchases are paid for in the month of purchase and half in the following month. Cash disbursements expected in June are: $$ $$ \begin{array}{lrr} \text{Purchases May}&\text{\$\hspace{1pt}18,200}\\ \text{Purchases June}&\underline{\text{\hspace{5pt}27,500}}\\ &\underline{\underline{\text{\$\hspace{1pt}45,700}}}\\ \end{array} $$ $5. Cash operating costs are anticipated to be$21,300 for the month of June. 6. Equipment costing $6,000 will be purchased for cash in June. 7. The company wishes to maintain a minimum cash balance of$11,000. An open line of credit is available at the bank. All borrowing is done at the beginning of the month, and all repayments are made at the end of the month. The interest rate is 9% per year, and interest expense is accrued at the end of the month and paid in the following month. ***Instructions*** Prepare a cash budget for the month of June. Determine how much cash Items Inc. must borrow, or can repay, in June.
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