Which of the Following Business Practices Would Breach S 29

question 31

Multiple Choice

Which of the following business practices would breach s 29 of the Australian Consumer Law which prohibits false or misleading representations about goods or services?

• A)Labelling old stock as 'brand new'.
• B)Advising customers that they need to purchase an optional extra service for a product although the extra service is not necessary.
• C)All of the above.
• D)A and B only.

Analyze the financial implication of payment terms and discount periods on cash management.

Understand and apply the knowledge of inventory adjustment and closing entries in accounting.

Comprehend and execute journal entries for transactions using a perpetual inventory system.

Analyze and compute missing amounts in financial records and statements.