Which of the following is a tactic in which an advocacy group actively tries to persuade consumers not to purchase a company's goods or services?

A. A class action lawsuit
B. Company divestment
C. Media advocacy
D. A product boycott

Answer: C. Media advocacy

Business

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Under accrual-basis accounting

A. cash must be received before revenue is recognized B. net income is calculated by matching cash outflows against cash inflows C. events that change a company's financial statements are recognized in the period they occur rather than in the period in which cash is paid or received D. The ledger accounts must be adjusted to reflect a cash basis of accounting before financial statements are prepared under generally accepted accounting principles

Business

The goal of the firm should be the maximization of profit

Indicate whether this statement is true or false.

Business