Opinions, tastes, and preferences in virtual worlds are the same as in a real setting

Indicate whether the statement is true or false


FALSE

Business

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A person's attitude has three components: ________

A) affect, cognition, and behavior B) psychological, physiological, and situational C) situation, emotion, and environment D) cognitive, operant, and situational E) ritual, cultural, and referential

Business

When preparing the operating activities section of the statement of cash flows using the indirect method, depreciation is subtracted from net income.

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

Business

Because of the widespread economic impact of the 2008 crisis, Congress passed The Dodd-Frank Act in 2012 to encourage investment in companies, especially smaller companies, by providing easier access of small firms to capital markets

Indicate whether the statement is true or false

Business

Rients Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October. Fixed Element per MonthVariable Element per Customer ServedActual Total for OctoberRevenue   $4,100$182,900Employee salaries and wages$42,300 $1,300$98,800Travel expenses   $700$30,500Other expenses$31,500   $31,900When the company prepared its planning budget at the beginning of October, it assumed that 39 customers would have been served. However, 44 customers were actually served during October.The revenue variance in the Revenue and Spending Variances column of a report comparing actual results to the flexible budget

for October would have been closest to: A. $2,500 U B. $23,000 F C. $2,500 F D. $23,000 U

Business