Which of the Following Is Part of the FTC Policy

question 330

Multiple Choice

Which of the following is part of the FTC policy statement for determining if a practice is deceptive?

• A) there is a representation or omission of information in a communication to consumers
• B) the deception is likely to mislead a reasonable consumer
• C) the deception may cause physical harm to consumers
• D) there is a representation or omission of information in a communication to consumers and the deception is likely to mislead a reasonable consumer
• E) there is a representation or omission of information in a communication to consumers and the deception is likely to mislead a reasonable consumer and the deception may cause physical harm to consumers

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Definitions:

Financial Report

A financial report is a formal record of the financial activities and position of a business, person, or other entity over a given period.

Manufacturing Process

A series of steps and operations used in the production of goods.

Work in Process Inventories

Inventories that consist of items currently under production but not yet completed or ready for sale.

Total Manufacturing Cost

The sum of all costs directly related to the production of goods, including materials, labor, and overhead expenses.