The Percentage-Of-Sales Method for Forecasting Pro Forma Financial Statements Assumes

question 26

Multiple Choice

The percentage-of-sales method for forecasting pro forma financial statements assumes

• A) that all income statement and balance sheet items grow in proportion to sales.
• B) that all income statement and balance sheet items grow at a growing proportion to sales.
• C) that all income statement and balance sheet items grow at a decreasing proportion to sales
• D) none of the above.

Comprehend social exchange theory and its conceptualization of social interaction.

Distinguish between macro- and micro-analysis in sociology.

Understand the role of ethnomethodology in uncovering the implicit norms of social interactions.

Identify the basic elements that constitute groups and social division of labor in society.

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Definitions:

Fictive Kin

Friends who are considered and behave like family members.

Chosen Family Networks

Social and support networks formed by individuals, often among those not biologically related, based on mutual care, respect, and commitment.

Supportive Kin

Family members or relatives who provide emotional, and sometimes financial, backing or assistance.

Sternberg's Triangular Theory

A theory proposed by Robert Sternberg that describes love in terms of three components: intimacy, passion, and commitment.