Answer the following statements true (T) or false (F)
Currently accepted alternative depreciation methods illustrate that accounting is closer to an art than a science.
ANSWER: T
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In terms of the 75/15/10 rule, the 15% represents the:
A) money spent on media time or space B) money spent on ad production C) money spent for the creative work D) fee for the media planner
Convergence of our “real” worlds and our virtual worlds occurs when we ______.
a. see a rainbow and comment on its beautiful colors b. comment on a friend’s Facebook status update c. click the “like” button on a friend’s Instagram account d. respond by saying “like” when a friend gives you good news
Project management skills are only needed in the engineering field.
a. True b. False
The concept of conflict of interest as it relates to the law of agency includes which of the following?
a. An agent may take a position that conflicts with the principal only if the principal, with full knowledge of all the facts, consents. b. An agent may not represent her principal in a transaction in which the agent has a personal interest. c. An agent may not act on behalf of adverse parties to a transaction without both principals' approval of the dual agency. d. All of these.