A(n) _____ identifies a reason for a person to buy a product.
Fill in the blank(s) with the appropriate word(s).
Ans: advertising appeal
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The People's Republic of China (PRC) made economic reforms in the 1980s to encourage international trade. What impact have these reforms made on accounting?
A. Increased the demand for accounting information from investors B. Increased the supply of publicly available accounting information from Chinese companies C. Changed the nature of auditing in the PRC D. All of the above are true.
You can buy a $50 savings bond today for $25 and redeem the bond in 10 years for its full face
value of $50. You could also put your money in a money-market account that pays 7% interest per year. Which option is better, assuming they are of equal risk? A) The money-market account is better because it requires a smaller investment. B) The money-market account is better because it pays more interest. C) The savings bond is better because it earns a higher interest rate. D) The money market and savings bond both earn 7% interest, so they are equal in value.