Which of the Following Is a Feature of Bottled Waters

question 85

Multiple Choice

Which of the following is a feature of bottled waters that are sold to consumers?

• A)Bottled water is classified as a food and is regulated by the FDA
• B)Cost and stability are the two main reasons for choosing to use bottled water
• C)Bottled water is classified as an indirect additive to the diet and is regulated by the EPA
• D)Government regulations mandate that labels on bottled water reveal sources and heavy metal content

Understand and apply the technique of horizontal analysis to evaluate changes in financial statements over time.

Compute trend percents to analyze the financial performance and position over multiple periods.

Calculate and interpret the days’ sales in inventory to assess inventory management efficiency.

Understand the concept and calculation of the price-earnings ratio and its implications for stock valuation.

---

Definitions:

Central Bank

The national financial institution that oversees the monetary system of a country, controlling interest rates and currency supply.

Scarce Supply

Refers to the condition where the availability of a particular good or resource is insufficient to meet the demands.

Market System

An economic system where prices and the distribution of goods and services are determined by competition in a free market.

Private Ownership

Refers to the goods or assets that are owned by individuals or corporations rather than by the government or the public.