As output decreases fixed costs per unit will also decrease
Indicate whether the statement is true or false
False
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The authoritative execution assumes consumer and business decision-makers rely on which of the following when making purchase decisions?
A) cognitive processes B) affective feelings C) impulse behaviors D) authoritative sources of information
[APPENDIX] Deferred tax is an amount that reconciles the differences between the income for financial purposes with the income reported for tax purposes. In most cases, it is a long-term liability
a. True b. False Indicate whether the statement is true or false
In general, in times of rising prices, using FIFO has a favorable effect on cash flows
Indicate whether the statement is true or false
Sam paid the following expenses during October 2018 for his son Aaron's spring 2019 college expenses: Spring 2019 semester begins in January 2019: Tuition$18,000Housing 8,000Meal plan 3,500In addition, Aaron's uncle paid $500 for college fees on behalf of Aaron directly to the college. Aaron is claimed as Sam's dependent on his tax return. How much of the paid expenses qualify for purposes of the education credit deduction for Sam in 2018?
A. $20,000. B. $0. C. $18,000. D. $18,500.