Feedback can reveal which of the following?

A) how the receiver feels about the sender
B) how the receiver understands the message
C) how the receiver feels about the message
D) all of the above


D

Business

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The rule that (1) requires revenue to be recognized when goods or services are provided to customers and (2) at the amount expected to be received from the customer is called the:

A. Objectivity principle. B. Revenue recognition principle. C. Business entity assumption. D. Going-concern assumption. E. Measurement (Cost) principle.

Business

Neptune Accounting Services expects its accountants to work for 24,000 direct labor hours per year

The company's estimated total indirect costs are $225,000. The direct labor rate is $70 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Neptune performs a job requiring 30 hours of direct labor, what is the total job cost? (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.) A) $225,000 B) $281 C) $2,381 D) $2,100

Business

________ users of accounting information are not directly involved in running the organization.

Fill in the blank(s) with the appropriate word(s).

Business

Promotion programs cannot be developed to coincide with peak sales periods for certain products and services.

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

Business