Irwin Altman and Dallas Taylor developed the Social Penetration Theory to show how relationships progress toward intimacy as a result of ______ from both partners.
a. mutual trust
b. self-disclosure
c. physical attraction
d. words of affirmation
b. self-disclosure
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What is the total cost to complete this project as quickly as possible if each day on site costs $1,000?
A) $43,100 B) $40,300 C) $39,300 D) $41,900
On January 1, 20X1, Picture Company acquired 70 percent ownership of Seven Corporation at underlying book value. The fair value of the noncontrolling interest at the date of acquisition was equal to 30 percent of the book value of Seven Corporation. On April 25, 20X1, Seven purchased inventory from Picture for $45,000. Seven sold the entire inventory to an unaffiliated company for $58,000 on October 12, 20X1. Picture had produced the inventory sold to Seven for $38,000. The companies had no other transactions during 20X1.Based on the information given above, what amount of cost of goods sold will be reported in the 20X1 consolidated income statement?
A. $38,000 B. $13,000 C. $45,000 D. $58,000
Answer the following statements true (T) or false (F)
1) The terms procurement and purchasing are used interchangeably. 2) The focus of the purchasing function in the new millennium (year 2000 onwards) has been solely on reducing prices. 3) The focus of the purchasing function in the war years (1910-1946) was on obtaining scarce materials. 4) Purchased goods and services typically make up under 50% of a firm's cost of goods sold. 5) A dollar saved in the cost of materials purchased is a dollar added to the pre-tax profit.
The frequency with which technological developments occur is an insignificant factor to consider when deciding whether equipment should be leased or purchased
Indicate whether the statement is true or false.