According to Geert Hofstede, high power distance cultures were found in societies that tried to play down inequalities of power and wealth as much as possible

Indicate whether the statement is true or false.

FALSE
According to Hofstede, high power distance cultures were found in countries that let inequalities grow over time into inequalities of power and wealth, while low power distance cultures tried to play down such inequalities as much as possible.

Business

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Market demand allowed Acme Corp. to raise its price by 20 percent to $60. What is the new level of break-even revenues if fixed charges including depreciation are $1 million and variable costs were 70 percent of the old price?

A) $2,400,000 B) $2,000,000 C) $3,333,333 D) $2,857,143

Business

Debit or credit posting omitted.

a. Trial balance preparation errors b. Account balance errors c. Posting errors

Business