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Bobby Is an Accountant Who Uses a Portion of His

question 19

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Bobby is an accountant who uses a portion of his home as his office. His home is 2,500 square feet and his office space occupies 1,500 square feet. Rent expense is $18,000 a year; utilities expense is $2,000 a year; and maintenance expense is $3,000 a year. What is the total amount of these expenses that can be allocated to his home office?

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Mental shortcuts or "rules of thumb" that simplify decision making, but can sometimes lead to biased or inaccurate judgments.

Native Language

The language that a person has been exposed to from birth or within the critical period, often considered one's first language or mother tongue.

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Words that describe or represent specific colors, used in language to convey visual information.

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