Which of the following statements is true of advertising by members of professional associations?
A. Research has shown that consumers generally disfavor the use of professional advertising.
B. The Supreme Court has ruled that professionals, such as dentists and physicians, have the right to advertise.
C. Both government regulatory agencies and consumer groups are against advertising by members of professional associations.
D. Professional associations have always authorized advertising by their members on the basis that such promotional activities heighten members' professional status.
E. Professional advertising is typically considered unethical and fraudulent.
Answer: B
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Q-dot Manufacturing uses a predetermined overhead allocation rate based on direct labor hours. It has provided the following information for the year:
Based on the above information, calculate Q-dot's predetermined overhead allocation rate. (Round your answer to two decimal places.)
A) $1.05 per machine hour
B) 7.71% of direct labor cost
C) 35.00% of direct materials cost
D) $20.11 per direct labor hour
There are several different types of presentations, and the salesperson should choose the one most likely to influence the prospect
Indicate whether the statement is true or false
Edgar Schein conceptualized culture as existing at three levels. Which one of the following is NOT one of those levels?
a. Values b. Basic assumptions c. Climate d. Artifacts
A company had $53 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to:
A. Debit Petty Cash for $53. B. Debit Cash Over and Short for $53. C. Credit Petty Cash for $53. D. Credit Cash Over and Short for $53. E. Debit Cash for $53.