Which One of the Following Is an Example of a Normative

question 73

Multiple Choice

Which one of the following is an example of a normative statement?

• A)A digital camera costs more than a disposable camera.
• B)Most digital cameras sold in the United States are imported from other countries.
• C)A camera makes a good wedding gift.
• D)More people will buy digital cameras as their prices decline.

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Definitions:

Financial Viability

The ability of an entity to manage its financial operations so that it can continue to operate and meet its financial obligations.

CFO

Chief Financial Officer, an executive position responsible for managing the financial actions of a company.

Projects

Undertakings with a defined start and end, aimed at achieving particular objectives within constraints such as budget, time, and resources.

Chief Financial Officer

A senior executive responsible for managing the financial actions of a company, overseeing financial planning, risk management, and financial reporting.