Recently, the increased use of online social networks and video sharing has reduced the need for advertising standardization with global brands
Indicate whether the statement is true or false
FALSE
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Flexible budgets reflect a company's anticipated costs based on variations in activity levels.
Answer the following statement true (T) or false (F)
A company's manager estimates that in the upcoming year, increasing advertising costs by $25,000 will cause sales revenue to increase by $60,000. If the company's contribution margin ratio is 35%, what will be overall effect on net operating income?
A) Net operating income will increase by $12,250. B) Net operating income will increase by $29,750. C) Net operating income will increase by $35,000. D) Net operating income will decrease by $4,000.
In the future, jobs will be given to robots with IQs higher than 90% of the U.S. population.
Answer the following statement true (T) or false (F)
Which of the following is NOT exempt from a Freedom of Information Act request?
a. Records related solely to the internal personnel rules and practice of an agency b. Reports prepared by Congress regarding the regulation of an agency c. Trade secrets or confidential commercial and financial information d. Information compiled for law enforcement purposes