The three major participants in the advertising process that work individually and collectively to encourage truthful, ethical, and responsible advertising are
A. advertisers, advertising agencies, and the media.
B. consumer panels, advertisers, and agencies.
C. advertisers, the government, and the television networks.
D. advertisers, advertising review boards, and the cable operators.
E. creative boutiques, copywriters, and consumer panels.
Answer: A
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Nick is admitted to an existing partnership by investing cash. Nick agrees to pay a bonus for his ownership interest because of the past success of the partnership. When Nick's investment in the partnership is recorded
a. his capital account will be credited for more than the cash he invested b. his capital account will be credited for the amount of cash he invested c. a bonus will be credited for the amount of cash he invested d. a bonus will be distributed to the old partners' capital accounts
The term "discretionary costs" refers to
a. costs that management decides to incur in the current period to enable the company to achieve objectives other than the filling of orders placed by customers. b. costs that are likely to respond to the amount of attention devoted to them by a specified manager. c. costs that are governed mainly by past decisions that established the present levels of operating and organizational capacity and that only change slowly in response to small changes in capacity. d. amortization of costs that were capitalized in previous periods.
Bill and Monica are asked to act out a sexual harassment situation to develop skill in handling such situations. What type of training is this?
A. Behavior Modeling B. Role-playing C. Case Study D. Assessment Learning E. Project Learning
The Allowance for Bad Debts account is classified as:
a. a current asset account. b. a contra-asset account. c. an expense account. d. a and b above. e. a, b and c above.