The distinction between lost and mislaid property is based on whether the property was

tangible or intangible.

Indicate whether the statement is true or false

FALSE

Business

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The break-even point is where

a. total sales equal total variable costs. b. contribution margin equals total fixed costs. c. total variable costs equal total fixed costs. d. total sales equal total fixed costs.

Business

The reality principle finds ways to gratify the id that are acceptable to the outside world

Indicate whether the statement is true or false

Business