In terms of substantiation, if an advertiser uses expert endorsements, then statements in the advertisement must be based on:
A) legitimate tests performed by experts in the field
B) the opinion of "typical persons" who would use the product
C) truthful statements that represent the experts personal experience
D) lab or engineering tests
A
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Which set of documents generally represents the minimum documentation required to clear a shipment through customs?
A) packing list, commercial invoice B) bill of exchange, commercial invoice C) certificate of origin, bill of exchange D) packing list, insurance certificate E) letter of credit, commercial invoice
After you have defined the main idea and supporting points, what is the next step in the planning sequence?
A) Determining the approach B) Committing thoughts to words C) Selecting the channel D) Selecting the medium E) Outlining content
Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements-Decrease in Inventory-indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
A) Add to net income to arrive at net cash flows from operating activities. B) Subtract from net income to arrive at net cash flows from operating activities. C) Not used to adjust net income to calculate net cash flows from operating activities.
If a check correctly written and paid by the bank for $328 is incorrectly recorded in the company's books for $382, how should this error be treated on the bank reconciliation?
A. Add $54 to the bank's balance. B. Subtract $54 from the bank's balance. C. Subtract $54 from the bank's balance and add $45 to the book's balance. D. Subtract $54 from the book balance. E. Add $54 to the book balance.