The main difference between a concept and a variable is _________________.
a) Classification
b) Measurability
c) Scale
d) Category
b) Measurability
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Which of the following statements is false?
A) If you are listed as a dependent on your parent's return, you need not file an individual return yourself. B) If you are under 24 and a full-time student, you may be claimed as a dependent on your parent's return. C) A qualified tuition reduction is tax-free. D) Scholarships and fellowships may or may not be included in taxable income.
For each of the following journal entries, describe the event or adjustment that would have prompted the entry. The first has been completed for you as an example.
What will be an ideal response?
Which statement regarding competitive advantages is true?
A. In the long run, a business with one or more competitive advantages is probably destined to earn normal profits. B. With an overall cost leadership strategy, firms need not be concerned with parity on differentiation. C. Attaining multiple types of competitive advantage is a recipe for failure. D. If several competitors pursue similar differentiation tactics, they may all be perceived as equals in the mind of the consumer.
In a unilateral contract, one party makes a promise that the other party can accept only by actually doing something.
Answer the following statement true (T) or false (F)