What is meant by "common language?" How does common language help professionals manage quantities of data efficiently?
Common language is easily understood communication. It refers to the reduction of difficult figures into language that is easily understood. For example, saying "nine out of ten dentists prefer Brand X" is more meaningful than saying "out of a survey of 550 dentists, 495 showed a preference for Brand X." Common language reduces large quantities of numerical data into easy-to-understand information from which decisions can be made.
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Which of the following items are NOT reported after income from continuing operations?
A) earnings per share B) gross profit C) discontinued operations D) net income
A worker would most likely be eligible for unemployment if they:
A. quit their job voluntarily. B. were terminated for cause. C. start their own business after being terminated from another company. D. are actively looking for work. E. fail to disclose any money earned while claiming unemployment.
In an involuntary bankruptcy petition, what factors must be met? (Choose the one statement below that is true.)
a. The debtor must admit to the debt. b. The debt must all be unsecured. c. Unsecured creditors must submit a proof of claim. d. The debtor must owe at least $18,000 in a combination of secured and unsecured claims.
Exclusive dealing occurs when a supplier stipulates that a channel member must purchase additional products besides the one it wants.
Answer the following statement true (T) or false (F)