True or False Unlike many other pursuits, improper actions in business statistics can sometimes work in your favor
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When a company offers a premium, consumers pay full price for the good or service
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A counterbalancing error will automatically correct itself in the next accounting period even if it is never discovered
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If budgeted net income for the upcoming period is too low, management has the opportunity to make adjustments before the new period begins
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The tort of palming off involves:
A) Blaming another for one's own actions and communicating that blame to at least one other person. B) Making false statements about the goods of another. C) Representing one's own goods to be those of a competitor. D) Knowingly selling goods that are defective. E) Failing to credit another for that other person's legal accomplishments.