Answer:
selective exposure
Explanation:
Selective exposure -
It is also known as confirmation bias or congeniality bias .
The practice is used in the communication and media research ,
Where the people tries to follow their own , predefined views and avoid any opposing views, is referred to as selective exposure .
Hence , from the given scenario of the question ,
As the person buys the car , then he tries to ignore any contradictory information against the car .
Therefore , the correct answer is selective exposure .
Answer:
The correct option here is C) the number of workers can be varied but not size of factory.
Explanation:
In the short run it would not be possible to shift or vary the size of factory and even if they try doing that it will talk lot of time and cost , which is in no way beneficial for the firm. But what firm can do is vary the number of workers they employ, like if they want to take advantage of economies of scale , they can do that by assigning less tasks to employees and for that they can make changes in the number of employees as per the requirement.
Answer:
The Journal entries are as follows:
(i) On October 1, 2014
Retained Earnings A/c Dr. $7,350,000,000
To Dividend Payable $7,350,000,000
(To record declaration of dividend on outstanding shares)
Workings:
Dividend Payable = Outstanding shares × Dividend per share
= 3 billion × $2.45
= $7.35 billion
(ii) On October 15, 2014
No Entry
(iii) On October 20, 2014
Dividend Payable A/c Dr. $7,350,000,000
To cash $7,350,000,000
(To record payment of dividend)
