Which of the following is an outgrowth of strict product liability?

A. Industrywide liability
B. Product misuse
C. Vicarious liability
D. Negligence


Answer: A

Business

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The lower-of-cost-or-market value (LCM) rule ________.

A) replaces the use of specific identification, FIFO, LIFO, or weighted-average inventory costing methods. B) violates the conservatism principle C) requires that merchandise inventory be reported in the financial statements at the lower of the historical cost or the selling price of the inventory D) is an accounting issue separate from applying an inventory costing method

Business

In cluster analysis, objects with larger distances between them are more similar to each other than are those at smaller distances

Indicate whether the statement is true or false

Business

In production scheduling LP problems, inventory at the end of this month is set equal to

A) inventory at the end of last month + this month's production - this month's sales. B) inventory at the beginning of last month + this month's production - this month's sales. C) inventory at the end of last month + last month's production - this month's sales. D) inventory at the beginning of last month + last month's production - last month's sales. E) inventory at the end of last month - this month's production + this month's sales.

Business

Which of the following can only interact with relational database and table-like data structures?

A) OLE DB B) ODBC C) ASP D) ADO

Business