People in individualistic cultures such as the United States prefer to have higher levels of control over the processes used to make decisions in conflicts than do people in more collectivistic cultures, such as Ecuador.
Answer the following statement true (T) or false (F)
True
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The trend towards worldwide markets makes it easier to predict where competitors will spring up.
Answer the following statement true (T) or false (F)
An analytical report examines a situation or problem, draws conclusions, and makes recommendations, in addition to providing information and data
Indicate whether the statement is true or false
Max bought a ticket to the championship baseball game for $190. Someone approaches him outside the stadium and offers him $405 for his ticket. If Max decides to go to the game, instead of selling his ticket, how much does it cost Max to go to the game?
A. $190 B. $405 C. $215 D. None of these.
The Cable TV Company, an accrual-basis taxpayer, allows its customers to pay by the month, by the year, or two years in advance. In December 2018, the company collected the following amounts applicable to future services:Jan 2019 services (monthly contracts)$10,000Dec 2018 - Nov 2019 services (annual contracts)48,000Dec 2018 - Nov 2020 contracts (2-year contracts)72,000Assuming Cable TV wants to minimize income reported for 2018, what is the amount of gross income that must be reported for 2018 and how much of the income from these contracts will be reported in 2019?
What will be an ideal response?