A creditor of a sole proprietorship may seek recovery only from business assets of the sole proprietorship, not from personal assets of the sole proprietor
a. True
b. False
Indicate whether the statement is true or false
False
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An advantage of the Stapel scale is it can be administered over the telephone
Indicate whether the statement is true or false
A cost hierarchy and a bill of activities are tools for the implementation of activity-based costing
Indicate whether the statement is true or false
Ron's Furnace Repair advertised it would inspect any homeowner's furnace for free. Janet had Ron's come to inspect her furnace. The servicewoman dismantled the entire furnace then refused to put it back together unless Janet paid her $250 . The FTC considers such a practice to be
a. an unfair practice. b. a deceptive practice. c. an act that violates public policy. d. All the above.
Answer the following statement(s) true (T) or false (F)
1. The Better Business Bureau is considered to be one of the best-known self-regulatory agencies in the country. This position is enhance by its strong enforcement powers. 2. NARB screens national advertisements for honesty and handles complaints about deceptive ads. 3. The Better Business Bureau and the National Advertising Review Board are the only self-regulatory programs in the United States. 4. A social audit is a systematic self-review of an organization’s social responsibility performance. 5. SA8000 is a global social responsibility standard that has been adopted by over 100 countries.