Laws requiring businesses to adhere to responsible, safe, and ethical practices are designed to protect:

Which of the following presents what the effects on historical financial data might have been if a consummated transaction had occurred at an earlier date?

a. Prospective financial statements b. Pro forma financial information c. Interim financial information d. A financial projection

This scenario clearly represents a failure. Usually, such products are weeded out in the new-product development process. If not, they are ultimately withdrawn from the market. Identify this scenario

A) perceived value > price > cost B) perceived value > cost > price C) price > perceived value > cost D) price > cost > perceived value