Basing our impressions solely on an abbreviated behavioral pattern is known as ______.
A. trusting
B. thin slicing
C. impression theory
D. perception
B. thin slicing
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The entry made in February to reverse the entry that was made to accrue January payroll would be:
a. Debit - Wages Payable Credit - Cash b. Debit - Wages Payable Credit - Payroll c. Debit - Factory Overhead Credit - Payroll d. Debit - Payroll Credit - Wages Payable
If the carrying value of goodwill is less than its fair value, an impairment loss must be recorded
Indicate whether the statement is true or false
________ is direct communication to a customer that is conducted over the telephone
A) Direct order B) Telemarketing C) Direct-response advertising D) Direct selling E) Promotional selling
The tax benefit from depreciation expense is the depreciation amount divided by the tax rate
Indicate whether the statement is true or false