Which statement concerning haptics is incorrect?

a. Touching may be interpreted as a form of sexual harassment.
b. Some cultures are more comfortable with bodily contact than others.
c. Japan is considered a "touch" culture.
d. In the Middle East, avoid touching someone with your left hand.

C

Business

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Which of the following entries will be necessary to close the Insurance Expense account at the end of the year?

A) debit Insurance Expense and credit Income Summary B) debit Insurance Expense and credit Common Stock C) debit Retained Earnings and credit Insurance Expense D) debit Income Summary and credit Insurance Expense

Business

Direct fixed costs do not vary with sales volume

Indicate whether the statement is true or false

Business