Which of the following statements best describes the effects of recognizing revenue earned by a business entity?
A) Assets increase only when cash sales are collected.
B) Stockholders' equity increases only when credit sales are made.
C) Assets and stockholders' equity increase when either cash or credit sales are made.
D) Assets increase and stockholders' equity decreases when either cash or credit sales are made.
C
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Answer the following statements true (T) or false (F)
1.Instant decisions are also known as snap judgments. 2.When we assume that situations and people stay the way they are, we make frozen evaluations. 3.According to group-based processing, if we are younger and identify an individual as belonging to the category of older adults, then our attitudes toward that person may be affected by the attitudes we have toward older persons in general. 4.The tendency to perceive what is right or wrong, good or bad, according to the categories and values in our own culture is known as ethnocentrism. 5.Like education and culture, our motivation causes us to exhibit our own perceptual preferences.
Coercive and referent power are subjective and depend on the ability and willingness of parties to recognize them
Indicate whether the statement is true or false
Stana's client group has been gradually shrinking and she is looking for new prospective clients. She has decided to spend a couple of days approaching potential customers without any prior consent. Stana's method of approach is known as
A. referral approach. B. ambulance chasing. C. door-to-door selling. D. cold canvassing. E. repeat contact.
Slack in an activity is computed as:
a. ES - LS. b. EF - LF. c. LS - ES. d. LS - EF.