A formal statement of the results of the operation of a business during an accounting period is called a(n)

a. statement of owner's equity.
b. balance sheet.
c. statement of financial position.
d. income statement.

d

Business

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Which of the following is an effect of social influences on consumer buying decisions?

a. Consumers base decision making on the values and beliefs of their culture. b. Consumers rely on personal experience to make a buying decision. c. Consumers seek out the opinions of others for decision making. d. Consumers make decisions based on their ideal self-image.

Business

Individual interviews cost three to four times as much as telephone interviews

Indicate whether the statement is true or false

Business