Answer the following statement(s) true (T) or false (F)
Unbiased estimates are considered to be less conservative estimates.
ANS:F
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A. psychographic B. occupational C. geographic D. educational E. geodemographic
Which of the following statements is true regarding the current ratio?
a. FIFO inventory can cause major problems with the current ratio because of the understatement of inventory. b. Since the mid-1960s, the typical firm has successfully maintained a current ratio of 2.00 or better. c. Focus is on the relationship between current assets and current liabilities. d. Focus is on the relationship between total assets and total liabilities.
Under the Age Discrimination in Employment Act (ADEA), which of these defenses are available?
a. A bona fide occupational qualification. b. A bona fide seniority system. c. Any reasonable action. d. All of these.
LG recently added a computer touchscreen to the door of some models of its refrigerators. Which of the following describes this move by LG?
A. It has integrated technology with the hope of improving the customer experience. B. It creates differentiation between LG refrigerators and its competitors. C. It seeks to add value and improve customer satisfaction. D. It offers LG a competitive advantage in the refrigerator market. E. All these answers are correct.