All of the following are true of known liabilities except:
A. Can arise form laws.
B. Are measurable.
C. Include accounts payable, notes payable, and payroll.
D. May depend on some future event occurring.
E. Can arise from agreements or contracts.
Answer: D
You might also like to view...
Which of the following is a major trading bloc?
A. GATT B. APEC C. GLOBE D. IMF E. WTO
Procter & Gamble has identified a group of consumers in Europe who are willing to pay premium prices for pet food that will improve the health of their pets. This is an example of ________ segmentation
A) demographic B) psychographic C) ethnic D) behavioral E) benefit
A ratio of net income of $100,000 to sales of $1,000,000 can be stated as
A) Net income is 1/10, or 10 percent, of sales. B) For every dollar of sales, the company has an average net income of 10 cents. C) The ratio of sales to net income is 10 to 1 (10:1), or sales are 10 times net income. D) All of these choices.
________ positioning involves meeting consumers' lower performance or quality requirements at a much lower price
A) More for less B) Less for much less C) Same for less D) More for more E) More for the same