In its ads, Crunchy Inc makes various claims about its snack products. Crunchy's advertising claims would most likely be deemed deceptive if the claims
A)?mislead a reasonable consumer
B)?contain vague generalities.
C)?consist of what is known as puffery.
D)?include obvious exaggerations.
A
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Use the information below for Shorter Inc for 2016 and 2017 to answer the following question. Equipment, December 31, 2016 $65,000 Equipment, December 31, 2017 72,000 Accumulated depreciation, December 31, 2016 39,000 Accumulated depreciation, December 31, 2017 30,000 During 2017, Shorter Inc sold equipment with a cost of $30,000 and accumulated depreciation of $25,000 . A gain of $3,000 was
recognized on the sale of the equipment This was the only equipment sale during the year. Assume that all purchases of equipment were paid with cash. How much cash was paid by Shorter for the purchase of equipment during 2017? a. $7,000 b. $30,000 c. $37,000 d. $72,000
At the end of the accounting period, a physical inventory usually is not needed if a perpetual inventory system has been used
Indicate whether the statement is true or false
A discretionary and voluntary behavior that is not a part of the employee’s specific role requirements and is not formally rewarded is called ______.
A. employee engagement B. organizational citizenship behavior C. productive work behaviors D. organizational commitment
Briefly discuss four reasons for exercising caution in using information gathered from Internet sources