Which of the following statements about labeling is false?
A. The label can be used to facilitate the identification of a product.
B. Labels do not have to disclose nutritional information.
C. The label indicates the quality of the product.
D. Labeling is used to describe the product.
E. The label can play a promotional function.
Answer: B
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A goal programming model for RFM analysis is used when the analyst wants to assign priorities to each of the dimensions
a. True b. False
The phenomenon called ______ often occurs when there is a concentration of critical resources in a particular region.
a. clustering b. grouping c. categorization d. classification
On February 3, Smart Company sold merchandise in the amount of $5,800 to Truman Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Smart uses the perpetual inventory system and the gross method. Truman pays the invoice on February 18, and takes the appropriate discount. The journal entry that Smart makes on February 18 is:
A.
| Cash | 4,000 | |
| Accounts receivable | 4,000 |
B.
| Cash | 5,684 | |
| Accounts receivable | 5,684 |
C.
| Cash | 3,920 | |
| Sales discounts | 80 | |
| Accounts receivable | 4,000 |
D.
| Cash | 5,800 | |
| Accounts receivable | 5,800 |
E.
| Cash | 5,684 | |
| Sales discounts | 116 | |
| Accounts receivable | 5,800 |
Which of the following is a category of public relations?
a. owned b. paid c. earned d. all of the above