For a person's negligent conduct to be legally linked to its consequences, the chain of events connecting the two must be:
a. unbroken b. continuous c. explainable d. indisputable
e. none of the other choices
e
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A sophisticated form of conspicuous consumption is called parody display
Indicate whether the statement is true or false
Which of the following items is qualitative?
A. Cost of new machine B. Book value of the existing machine C. Depreciation of existing machine D. Degree to which the new machine can be integrated with existing machinery
Answer the following statements true (T) or false (F)
1. CVP analysis assumes that the sales price per unit does not change as volume changes. 2. The breakeven point is the point where the sales revenues are equal to the fixed costs. 3. A CVP graph shows how changes in the level of sales will affect profits. 4. The fundamental assumption of cost-volume-profit (CVP) analysis is that, in the long run, fixed costs become variable costs. 5. CVP is also sometimes referred to as cost-volume-loss analysis because changes in sales prices also affect profits (or losses).
Which of the following is most likely to change in the next ten years?
A. competitive advantage mechanism B. pace of integration of new technology C. principles of competitive advantage D. model of business strategy E. relationship between competitive advantage and information systems