Which of the Following Is True of the Universal Product

question 95

Multiple Choice

Which of the following is true of the Universal Product Code (UPC) ?

• A) It is a five-digit number used to control inventory.
• B) It is a package communication element.
• C) It is legally required for products with dual distribution channels.
• D) It is used only by companies that have more than one retail outlet.
• E) It prevents product cannibalization.

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Definitions:

Loan Receivables

Reflects the amounts of money lent out that are expected to be repaid, typically generating interest income for the lender.

Accounting Flexibility

The range of choices that management has under GAAP (Generally Accepted Accounting Principles) in how to report financial activity.

Contract Constraints

Limitations or conditions in a contract that restrict the actions of the parties involved.

Bonus Benefits

Additional compensations above the regular remuneration package, often tied to performance or specific achievements.