Exceptions to the use of inductive approach for bad-news messages include

a. messages addressing a very small, insignificant matter.
b. memos sent within the company.
c. oral presentations.
d. all of the above


A

Business

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GAAP specifies that when the tax rates change, the:

A. retained earnings approach be adopted. B. balance sheet approach be adopted. C. income approach be adopted. D. asset approach be adopted.

Business

Define forecasting and discuss its importance. Describe the two types of forecasting described in the text.   

What will be an ideal response?

Business

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

) Interest rates are stated on an annual basis, therefore the time in the interest formula is always stated as one year. 2) On October 1, 2018, Mandy's Electronic sold merchandise in exchange for a 4 month, $50,000 note receivable, with 3% interest. Interest revenue of $500 is earned in 2018. 3) If a note receivable is outstanding at the end of an accounting period, the interest earned up to year-end is recorded as interest revenue when the cash is received. 4) Because of the revenue recognition principle, interest on a note receivable is recorded in the year in which it is earned. 5) If a credit customer fails to pay an accounts receivable, the company may ask the customer to sign a promissory note.

Business

Reneging refers to customers who:

A) do not join a queue B) switch queues C) join a queue but abandon their shopping carts before checking out D) join a queue but are dissatisfied E) join a queue and complain because of long lines

Business