The 1990 Nutrition Labeling and Education Act directly prohibits
A. exaggerated claims made by health and fitness providers.
B. putting the words "cholesterol-free" on any food package.
C. putting nutritional information on most food products.
D. exaggerated health claims on food packages.
E. the use of any health claim on food packaging.
Answer: D
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Accountants should be aware that LIFO liquidations can potentially result in which of the following?
a. If older less costly layers are liquidated, a correspondingly lower cost of goods sold will result. b. If older less costly layers are liquidated, a correspondingly higher gross profit will result. c. If older less costly layers are liquidated, the company may be faced with higher taxes for those deferred in previous periods. d. All of these could result.
Marketing research is different from everyday observation in that it is
a. planned b. based on prior experience c. done with care and thought d. expensive e. quantitative
Weekly demand for 12" hot dogs at Mutt's Amazing Dogs is normally distributed with a mean of 2850 and a standard deviation of 425
The store manager continuously monitors inventory and currently orders 500 hot dogs each time the inventory drops to 6000 frames. The manufacturer currently takes two weeks to fill an order. How much safety inventory does the store carry? What will be an ideal response?
Suppose the next three random numbers were .18, .89 and .67. How many customers would have arrived during this 30-minute period?
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