Which of the following are types of barriers to communication?

Fake News Entertainment Corporation earned $500,000 in operating profits (revenue less operating costs) last year. It paid $50,000 in interest and spent $60,000 on new equipment for expansion. Its tax rate is 20% and it maintains a dividend payout ratio of 45%. This year it expects to achieve exactly the same results, hence it plans to expand further and double its spending on new equipment. What will happen to Retained Earnings this year compared to last?

a) higher b) same c) lower

A static budget is prepared for only one level of sales volume

Indicate whether the statement is true or false