Answer the following statements true (T) or false (F)
1. A presentation should begin with a statement that captures the audience’s attention.
2. The problem-solving pattern is a deductive organizational approach, whereas the
state-the-case-and-prove-it approach is inductive.
3. When speaking persuasively, the order in which you should present your reasons
(primacy/recency) should be determined by the audience’s attitude toward you as a
speaker.
4. Research indicates that the indirect approach is generally best for hostile audiences.
1. TRUE
2. FALSE
3. FALSE
4. TRUE
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Usually specific authorization is required for all of the following except
a. sales on account which exceed the credit limit b. sales of goods at the list price c. a cash refund for goods returned without a receipt d. write off of an uncollectible account receivable
Mucura Enterprises has a credit balance of $40,000 in its Allowance to Adjust Long-Term Investments to Market account before adjustment. Its investment portfolio has a total cost of $250,000 and a market value of $225,000 . The year-end adjustment entry that would be recorded in the books of Mucura Enterprises is:
a. Long-Term Investments 15,000 Allowance to Adjust Long-Term Investments to Market 15,000 b. Allowance to Adjust Long-Term Investments to Market 15,000 Unrealized Loss on Long-Term Investments 15,000 c. Allowance to Adjust Long-Term Investments to Market 25,000 Long-Term Investments 25,000 d. Unrealized Loss on Long-Term Investments 25,000 Long-Term Investments 25,000
The GATT Agreement has an escape clause whereby member nations may levy increased duties on imported products where there are unforeseen circumstances that cause or threaten serious injury to domestic producers
Indicate whether the statement is true or false
Thyne Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materials 6.9grams$9.20per gramDirect labor 0.90hours$21.20per hourVariable manufacturing overhead 0.90hours$3.60per hourThe actual output for the period was 3,900 units.The standard amount of materials allowed for the actual output is closest to:
A. 26,910 grams B. 26,900 grams C. 28,980 grams D. 24,979 grams