According to the text, which of the following statements about planned obsolescence is true?
a. Style modification creates planned obsolescence.
b. Planned obsolescence is not an ethical issue.
c. A company that is interested in producing a quality product would never engage in planned obsolescence.
d. Environmentalists support planned obsolescence.
Ans: a. Style modification creates planned obsolescence.
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Internal control is defined, in part, as a plan that safeguards
A. all balance sheet accounts B. assets C. liabilities D. capital stock
Debt is being marketed to adults as much as toys are to children. What are some of the results of this?
A) People are encouraged to borrow more than they should. B) Almost 60% of those aged 30 and under do not pay off their credit card bills every month. C) Students are limited in their capacity to obtain debt. D) All of the above E) Only A and B