A Nutrient Claim of "Fat Free" Means Which of the Following

question 65

Multiple Choice

A nutrient claim of "fat free" means which of the following?

• A) contains 1 gram or less of fat per serving
• B) contains 2 grams or less of fat per serving
• C) contains 0.5 grams or less of fat per serving
• D) contains 0 grams of fat per serving

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Definitions:

Unrealized Gain or Loss

The increase or decrease in the value of an investment that has not yet been sold and turned into cash.

Equity Section

The portion of a company’s balance sheet that represents the owners' or shareholders' interest in the company.

Equity Method Investments

Accounting technique used by a company to record its investment in another company when it has significant influence but does not have a majority control.

Cash Dividends

Payments made by a corporation to its shareholders from earnings, typically on a quarterly basis, in the form of cash.