Answer the following statement(s) true (T) or false (F)
1. The only small business option you have available is to start your own.
2. A business plan is a very vague informal document because it is prepared before the business even begins operations.
3. A relatively small percentage (10 percent) of the total U.S. workforce works at home.
4. The franchisor provides business expertise that would otherwise not be available to the franchisee.
5. The more complex form of franchising is the business format franchising.
1. FALSE
2. FALSE
3. FALSE
4. TRUE
5. TRUE
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Physically attractive people are perceived as smarter, cooler, and happier than average people. These perceptions are a result of the ________
A) halo effect B) principle of cognitive dissonance C) balance theory D) self-perception theory
An auditor typically sets inherent risk for intangible assets at this level:
A. moderate. B. high. C. zero. D. low.
______ communication cultures prefer to deal directly with conflict.
Fill in the blank(s) with the appropriate word(s).
A company purchased a machine for $100,000 on October 1, 2021. The estimated service life is 10 years with a $10,000 residual value. The company records partial-year depreciation based on the number of months in service. Depreciation expense for the year ended December 31, 2021, using straight-line depreciation, is:
A. $7,500. B. $1,500. C. $2,250. D. $2,500.