Which of the Following Statements About Consumer Ethics Is Most

question 112

Multiple Choice

Which of the following statements about consumer ethics is most accurate?

• A)Consumer complaints about online auction fraud outnumber all reports of online crime.
• B)The cost to marketers of unethical consumer behavior is negligible in terms of lost sales.
• C)The potential cost to marketers of unethical consumer behavior is dramatically reduced by investing in loss prevention training.
• D)Retailers lose about $1 million dollars a day from shoplifting.
• E)At some point,every person shoplifts or participates in an unethical exchange;to retailers,it is simply the cost of doing business.

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Definitions:

Operating Revenue

Income earned from a company's primary business activities, excluding non-operating income sources like investments.

Operating Expenses

Costs associated with the operation of a business, such as rent, utilities, and payroll, that are not directly tied to the production of goods or services.

Loss on Disposal

The financial loss recognized when the selling price of an asset is less than its carrying amount on the balance sheet.

Operating Expenses

Expenses incurred in the normal operations of a business, including costs such as rent, salaries, and utilities, but not including cost of goods sold.