Manufactured Goods Can Be Differentiated on the Basis of Certain

question 99

Multiple Choice

Manufactured goods can be differentiated on the basis of certain features, such as package, trademark, engineering design, and chemical features. These features highlight the _____ of the product.

• A) distinctiveness
• B) perishability
• C) life cycle
• D) intangibility

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Definitions:

Vesting Period

The period of time before shares are unconditionally owned by an employee in an employee stock option plan.

GAAP

General Accepted Accounting Principles, a standard framework of guidelines for financial accounting used in any jurisdiction, including the detailed standards and rules developed by the Financial Accounting Standards Board in the U.S.

Compensation Expense

The total cost that a company recognizes for paying its employees, including wages, salaries, and bonuses.

Diluted Earnings

An earnings calculation that accounts for all potential shares that could be issued, showing the lowest possible earnings per share.