People with an external locus of control
A. believe that their actions always make a difference.
B. tend to be highly ethical and extremely helpful.
C. tend not to intervene to try to change a situation or solve a problem, leaving it to someone else.
D. tend to solve problems easily.
E. believe that they themselves are responsible for the events in their life.
Answer: C
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In variable costing, fixed manufacturing overhead is considered a period cost because ________.
A) these costs are indirectly related to production B) these are not incurred in the period in which the units are produced C) these costs are incurred whether or not the company manufactures any goods D) these costs are direct costs incurred for production
Service quality, like advertising, has a cumulative effect on a company's profit.
Answer the following statement true (T) or false (F)
Many experts in the field advocate this approach for projecting revenue for a new startup?
a. A top-down approach b. A bottoms-up approach c. A lateral approach d. A financial template
Intangible property does not exist in a physical form
a. True b. False Indicate whether the statement is true or false