Another Term for Automatic Responding Is

question 64

Multiple Choice

Another term for automatic responding is:

• A)foot-in-the-door.
• B)door-in-the-face.
• C)lowballing.
• D)mindlessness.

---

Definitions:

Consolidation

The process of combining the financial statements of separate but related entities into a single set of financial statements for the group.

Consolidated Net Income

The total net income of a parent company and its subsidiaries, after adjusting for intercompany transactions, reported as a single figure.

Equity Method

An accounting technique used when a company has significant influence over another company it invests in, typically reflected by owning 20% to 50% of the voting stock, where the investment is initially recorded at cost and adjusted thereafter for the post-acquisition change in the investor’s share of the investee’s net assets.

Reported Loss

Financial results showing that a company's expenses exceeded its revenues during a specific period, leading to a negative net income.