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:

Maturity Value

The total amount payable to an investor at the end of a bond's term or the final payment due on a loan, including principal and any accrued interest.

Trade Receivables

Amounts owed to a company by its customers as a result of delivering goods or services on credit.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Face Value

The nominal or dollar value printed on a security such as a bond or stock, representing its legal value.