Negative confirmations are considered to be more persuasive than positive confirmations
a. True
b. False
Indicate whether the statement is true or false
False
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Dividends paid appears on both the income statement and the statement of retained earnings
a. True b. False Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. Operating leverage predicts the effects fixed costs have on operating income when sales volume changes. 2. The degree of operating leverage for Madrigal Company is 2. The actual operating income is $14,000. If the company expects a 25% increase in sales, operating income should increase by $3,500. 3. The sales mix provides the weights that make up total product sales. 4. Sales mix, or product mix, is the combination of products that make up total sales. 5. Barnes Company sells two products, X and Y. For the coming year, Barnes predicts sales of 5,000 units of X and 10,000 units of Y. The contribution margins per unit of products X and Y are $5 and $4, respectively. The weighted-average contribution margin is $6.50 per unit.
An organization which adopts the innovation product/service strategy is often "first to market"
with its innovations, gaining a head start over its competitors. Indicate whether the statement is true or false
Cole’s performance appraisal describes his actions along a continuum. For example, when it comes to customer service, he receives a 1 if he regularly ignores customers, a 3 if he regularly greets customers, and a 5 if he regularly greets customers and asks how he can help. It appears Cole is using the ______ method of performance appraisal.
A. ranking B. management by objectives C. graphic rating D. behaviorally anchored rating E. qualitative ranking