Obligations that may arise from past transactions only if certain events occur in the future are contingent liabilities

a. True
b. False

Indicate whether the statement is true or false


False

Business

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____ are costs that do not change in total when production volume increases or decreases within the relevant range

A) Variable costs B) Relevant costs C) Fixed costs D) Period costs

Business

The seven rules for building a successful business include recognizing an opportunity, evaluating it with critical thinking, building a team, and financing with money from credit cards.

Answer the following statement true (T) or false (F)

Business

Static information includes fixed data incapable of change in the event of a user action.

Answer the following statement true (T) or false (F)

Business

Which of the following best describes the "Parable of the Sadhu" events?

a. The hikers returned the Sadhu to safety and health. b. The hikers ignored the Sadhu so that they could reach the summit. c. The hikers each did a little to help the Sadhu. d. The hikers carried the Sadhu with them. e. None of the above

Business