The Occupational Safety and Health Act (OSHA) mandated that first-aid kits be available in business establishments employing more than three people. A newly formed company was successful in developing first-aid kits that allowed companies to comply with the standards of the act. This is an example of:
A. distribution channels as an excellent source for new ideas.
B. government regulations as a source for new product ideas.
C. potential consumers as a source for new ideas.
D. existing products and services as a source for new ideas.
Answer: B
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The TRIPs agreement requires signatory countries to protect against acquisition, disclosure, or use of trade secrets "in a manner contrary to honest commercial practices."
TRUE Indicate whether the statement is true or false
Why is assurance needed on XBRL data? Why will financial analysts need assurance that the XBRL data is correct? Support your answer.
What will be an ideal response?
According to the Pareto Principle, which of the following is true?
A) 60% of a company's customers generate 80% of the company's profits. B) 20% of a company's customers generate 60% of the company's profits. C) 80% of a company's customers generate 10% of the company's profits. D) 20% of a company's customers generate 80% of the company's profits. E) 60% of a company's customers are unprofitable.
Depreciation Expense and Accumulated Depreciation are classified, respectively, as
A) expense, contra asset B) asset, contra liability C) revenue, asset D) contra asset, expense