An advertisement should have only one selling point that is easily identifiable to the audience and that highlights one of the product's benefits

Certificates of deposit are usually classified as cash on the balance sheet.

a. true b. false

For the past twenty years, Ace Electronics has had a policy of expensing all assets that cost less than $50, even if they are expected to last for more than a year, because it is simpler and easier than depreciating low-cost assets over their useful

lives. This year Ace Electronics decided that because of inflation it would begin expensing all assets that cost less than $100. This accounting choice would be considered ________. A) conservative B) fundamental C) basic D) aggressive