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The Basic Rule for an OR Gate Is

question 2

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The basic rule for an OR gate is:

Understand the difference between favorable and unfavorable variances and their significance.
Learn about the various types of costs (fixed, variable) in budgeting and performance reports.
Apply cost estimates to calculate budget variances.
Interpret and calculate revenue variances in a budget performance context.

Definitions:

Norm Of Reciprocity

A social norm that expects individuals to respond to each other with equivalent actions, such as returning favors or responding to hostility in kind.

Foot-In-The-Door Study

Psychological experiments demonstrating that agreeing to a small request increases the likelihood of agreeing to a larger request later on.

Compliance

The act of conforming to or following the rules, requests, or orders of others, often to gain approval or avoid conflict.

Scarcity

The economic principle that describes the limited availability of resources compared to the theoretically limitless wants and needs of individuals.

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