What is the difference between constitutive rules and regulative rules?

What will be an ideal response?


Constitutive rules stipulate what counts as what and how our messages and behavior are to be interpreted. Regulative rules guide how individuals respond or behave in interactions.

Business

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Wagner's Bookstore acquires a 6% $12,000 certificate of deposit on September 1 . The term of the CD is six months. At that time, all principal and accrued interest will be paid in cash. Indicate the effect on the financial statements at December 31

a. Interest Receivable increases $240, Interest Revenue increases $240 b. Interest Receivable increases $360, Interest Revenue increases $360 c. Interest Receivable increases $480, Interest Revenue increases $480 d. Interest Receivable increases $720, Interest Revenue increases $720

Business

In periods of rising prices, the FIFO method will result in a larger gross margin than the LIFO method

Indicate whether the statement is true or false

Business

Items classified as operating expenses reflect management's judgment that the item is a cost of the core business

Indicate whether the statement is true or false

Business

If all the points for a multiple regression model with two independent variables were right on the regression plane, then the coefficient of determination would equal:

A. 0 B. 1 C. 2, since there are two independent variables. D. None of these choices.

Business