Regarding Obesity, Which of the Following Statements Is FALSE

question 351

Multiple Choice

Regarding obesity, which of the following statements is FALSE?

• A) Childhood obesity has reached epidemic proportions in the United States, having tripled in prevalence since 1980.
• B) If internal needs alone controlled eating, fewer people would overeat.
• C) In Westernized societies, obesity has become a major health risk and a source of social stigma and low self-esteem.
• D) Currently, approximately forty-five percent of adults in the United States are overweight with about one fourth being considered obese.

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Definitions:

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated after considering the cost of goods sold and any new purchases.

Inventory Management

The process of ordering, storing, using, and selling a company's inventory. This includes the management of raw materials, components, and finished products, as well as warehousing and processing such items.

Days' Sales

A measure that indicates how many days, on average, it takes a company to collect revenue after a sale has been made.

Retail Method

An estimating method used to calculate inventory cost, based on the retail price, to determine cost of goods sold and ending inventory.