A social media policy used by an organization is a statement that ________
A) delineates employees' rights and responsibilities
B) lists a firm's products and services that are advertised on social media
C) lists the social and environmental effects of a company's economic actions
D) defines the type of medium and channel an organization uses on a social media site
A
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An annual budget is an example of a strategic plan
Indicate whether the statement is true or false
Social classes are referred to as open aggregates of individuals because people can move into and out of them.
Answer the following statement true (T) or false (F)
Joe pre-orders a non-refundable movie ticket. He then reads a number of reviews of the movie in question that make him realize that he will not enjoy it
He goes to see it anyway, rationalizing that otherwise his money will have been wasted. Is Joe succumbing to the Sunk Cost Fallacy, and why? A) Yes, since he invested a valuable asset, his time, in a project based on its previous costs. B) No, because the cost of the movie was not recoverable and would have been lost whatever action he took. C) No, because going to see the movie means that the product of his initial investment was realized as originally planned. D) Yes, because he incurred no further costs by going to see the movie.
Carol Co. has total debits in its cash T-account of $155,000 and total credits of $120,000. The balance in the cash T-account is a:
A. credit of $120,000. B. debit of $35,000. C. credit of $35,000. D. debit of $155,000.