______ describe channels of social media that focus upon relationships and the common activities people participate in with others who share the same interest or identification.?

a. Social identities.
b. Social presences.
c. Social communities.
d. Social connections.
e. None of these.


c. Social communities

Business

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A change from one acceptable accounting method to another is reported

a. on the statement of retained earnings, as a correction to the beginning balance b. on the income statement, below income from continuing operations c. on the income statement, above income from continuing operations d. through a retroactive restatement of prior-period earnings

Business

The auditor should only provide an opinion on the financial statements if the opinion indicates that the financial statements are fairly stated in all material respects

a. True b. False Indicate whether the statement is true or false

Business

Research has demonstrated that the contagion of positive emotions is associated with ______.

A. happier teams B. higher team performance C. higher teamwork engagement D. increased team satisfaction

Business

Victory Tire Company makes a special kind of racing tire

Variable costs are $210 per unit, and fixed costs are $30,000 per month. Victory sells 700 units per month at a sales price of $310. If the quality of the tire is upgraded, the company believes it can increase the sales price to $350. If so, the variable cost will increase to $240 per unit, and the fixed costs will remain the same. If Victory decides to upgrade, how will it affect operating income? A) Operating income will decrease by $7,000. B) Operating income will decrease by $21,000. C) Operating income will increase by $21,000. D) Operating income will increase by $7,000.

Business