Ways to "game" the budgeting process include
a. delaying sales if just short of a target
b. delaying expenses if just short of a target
c. accelerating sales once a target is met
d. delaying expenses costs once a target is met
b
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Because decreases in inflation increase aggregate spending and short-run equilibrium output:
A. the aggregate demand curve is downward sloping. B. the aggregate demand curve is upward sloping. C. the aggregate demand curve is horizontal. D. the short-run aggregate supply line is downward sloping.
Under SFAS No. 13, equal monthly rental payments for a particular lease should be charged to rental expense by the lessee for which of the following?
Capital lease Operating lease a. Yes No b. Yes Yes c. No No d. No Yes
The terms "correlation" and "causation" are synonymous
a. True b. False Indicate whether the statement is true or false
In real life, people's behavior is constrained by:
A. laws of nature. B. costs of various actions. C. legislated rules of society. D. All of these are rules that constrain people's behavior.