Each General Statement Below Is Followed by Several Examples

question 20

Multiple Choice

Each general statement below is followed by several examples. Select the letter of the example that does not clearly illustrate the generalization. Communication tools designed to make us more productive often distract us and actually reduce our efficiency.

• A) Throughout the day, we allow incoming tweets and e-mail messages to constantly interrupt us by reading them immediately.
• B) Television takes up much of our free time; the average person now watches more than four hours per day.
• C) Ringing cell phones often interrupt us and pull our attention away from the task at hand.
• D) The ding of a text message usually causes us to drop what we're doing to respond.

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Definitions:

Selling Expenses

Selling expenses are costs associated with the marketing and sale of products or services, including advertising, sales commissions, and the employment of sales personnel.

Excludes Gain

A term referring to certain types of profit that are not subject to tax under specific circumstances.

Personal Residence

A property where an individual lives for most of the time and considers it their primary place of residence.

Recognized Gain

The portion of profit or loss from the sale of an asset that must be reported on a taxpayer's income tax.