Which of the Following Statements Is Incorrect

question 85

Multiple Choice

Which of the following statements is incorrect?

• A)If selling and administrative expenses as a percentage of sales increases,then gross profit percentage will decrease.
• B)If the cost of goods sold percentage decreases and other expenses do not change,then net profit margin will increase as a percentage of sales.
• C)If sales dollars decrease,a company might still report a higher gross profit percentage if cost of goods sold decreases at a faster rate than the decrease in sales.
• D)It is possible that when selling and administrative expense in dollars decrease,selling and administrative expenses as a percentage of sales will increase.

Analyze the impact of group dynamics on individual performance and decision-making.

Describe how perceived legitimacy of authority and anonymity can affect individual actions and moral decision-making.

Analyze the concept of social facilitation and its implications for performance in the presence of others.

Identify strategies for resisting conformity and maintaining personal control in social situations.

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Definitions:

Rational And Adaptive

Describes actions or behaviors that are both logical, based on reason and evidence, and beneficial for adjustment or effectiveness in responding to specific challenges or environments.

Biologically Adapted

The processes through which organisms develop traits over generations that better enable them to survive and reproduce in their specific environments.

High Altitude

A region located at a great height above sea level, often characterized by distinct ecological and physiological conditions.

Sociobiological Adaptation

The evolutionary process by which organisms adjust their behaviors, physiology, and structure to better suit their environment, often in the context of social behavior.