Which of the Following Statements Are Not True in Relation

question 38

Multiple Choice

Which of the following statements are not true in relation to Consumer Affairs Victoria (CAV) ?

• A)CAV hears and determines legal actions in relation to consumer protection matters.
• B)CAV is responsible for a wide range of consumer protection issues.
• C)CAV is responsible for liquor,licensing and bodies corporate.
• D)All of the above.

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Definitions:

Average Cost

The cost calculated by dividing the total cost of goods available for sale by the total units available for sale.

Financial Advantage

A benefit or edge that contributes to a stronger financial position relative to competitors or within the marketplace.

Constraint

A limitation under which a company must operate, such as limited available machine time or raw materials, that restricts the company’s ability to satisfy demand.

Current Profitability

A measure of a company's financial performance in the current period, often assessed through margins or net income.