Product testing for reliability and quality helps to ensure a consumer's right to
A. be heard.
B. be informed.
C. choose.
D. performance.
E. safety.
Answer: E
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Of the following, select the incorrect statement concerning earnings per share
a. During periods when all income is paid out as dividends, earnings per share and dividends per share under a simple capital structure would be identical. b. Under a simple capital structure, no adjustment to shares outstanding is necessary for a stock split on the last day of the fiscal period. c. During a period, changes in stock issued or reacquired by a company may affect earnings per share. d. During a loss period, the amount of loss attributed to each share of common stock should be computed.
Which of the following is true about private accountants?
a. Private accountants and public accountants performing basically the same types of activities. b. Private accountants are generally employed by large accounting firms that have many clients. c. Accountants who teach accounting are considered public accountants. d. Management accounting refers to accounting positions within a company. e. Women cannot succeed in the private accounting sector.
The ________ is computed by discounting the future net cash flows from the investment at the project's required rate of return and then subtracting the initial amount invested.
What will be an ideal response?
The use of superlatives such as "greatest," "best," and "finest" in advertising would constitute
A. puffery. B. advertising substantiation. C. deception. D. an unfair claim. E. an affirmative disclosure.