Which of the Following Is a Difference Between an Attribute

question 4

Multiple Choice

Which of the following is a difference between an attribute and a benefit of a product?

• A)​An attribute includes pleasure or improved health, while a benefit includes an easy-open package or a special formulation.
• B)An attribute cannot be experienced by consumers, while a benefit is tangible and can be experienced.
• C)An attribute is bought by consumers, while a benefit is not bought by consumers.
• D)​An attribute is simply a feature of a product, while a benefit is what consumers receive by using a product.

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Definitions:

CPA Canada Handbook

A comprehensive guide that includes standards and guidelines for financial and management accounting practices in Canada.

Debt-to-Equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Solvency

The ability of an entity to meet its long-term financial obligations and continue its operations into the foreseeable future.

ASPE

Accounting Standards for Private Enterprises; a set of accounting practices and standards for private companies in Canada.