When designing a package, which characteristic is least important?
A. An association with the company's brand mark
B. Cost-effectiveness
C. Environmental responsiveness
D. Safety
E. The value it has as a promotional tool
Answer: A
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In determining the sample size for a test of controls, an auditor should consider the expected population deviation rate, desired confidence level, and the:
A. tolerable deviation rate. B. population size. C. risk of incorrect acceptance. D. nature and cause of deviations.
A type of research design involving the one-time collection of information from any given sample of population elements is called longitudinal design
Indicate whether the statement is true or false
Which of the following would Milton Freedman consider to be the best way for businesses to benefit the community?
a. Donate generously to local community-building projects. b. Act ethically in dealing with employees, environmental waste, and core mission. c. Be as financially successful as possible while obeying laws. d. Develop an internal culture that celebrates the employee, not the shareholder.
Standards can be used in a job-order costing system if the products manufactured are varied in nature
Indicate whether the statement is true or false