What is the most likely reason that companies such as Gillette (razor blades) and 3M (scouring pads) sell products in smaller package sizes in some developing countries?
A) Family size is small in those countries.
B) Some governments require the smaller sizes.
C) In those countries, many consumers lack sufficient cash to buy larger quantities.
D) These are products for which the cost of altering package size is negligible.
C
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A CPA's retention of client-provided records after a demand has been made for them is an action that is
a. Not addressed by the AICPA Code of Professional Conduct b. Acceptable if sanctioned by state law c. Prohibited under the AICPA Code of Professional Conduct d. A violation of GAAS
Management has been found involved in many fraudulent schemes; a common one is "channel stuffing.". What does "channel stuffing" involve?
a. Overly complex transactions. b. Growth through stock acquisitions. c. Shipment of goods not ordered. d. Management compensation schemes.