Which of the Following Is NOT an Advantage of ISO

question 93

Multiple Choice

Which of the following is NOT an advantage of ISO 9000 certification?

• A)It is a worldwide indicator of quality.
• B)It can increase a firm's credibility.
• C)It can lower the cost of manufacturing.
• D)It improves marketability of a firm's products.

Calculate and account for interest on notes payable.

Determine the impact of notes payable on a company's financial statements.

Record transactions involving unearned revenue and understand its implications on financial statements.

Compute and understand the significance of the current ratio and working capital.

---

Definitions:

Endosymbiosis

Type of symbiosis in which one organism lives inside another. See endosymbiont.

Gymnosperms

A group of seed-producing plants that includes conifers, cycads, and allies, characterized by seeds that are not enclosed within an ovary.

Dinosaurs

A diverse group of reptiles of the clade Dinosauria that first appeared during the Mesozoic Era, known for their extensive diversity and dominance during the Jurassic and Cretaceous periods.

Paleozoic Era

A geological time period that lasted from about 541 to 252 million years ago, marked by significant evolutionary developments, including the rise of fish, amphibians, and reptiles.