Agencies such as the Environmental Protection Agency, the Equal Employment Opportunity Commission, the Federal Trade Commission, and the Food and Drug Administration are designed to keep big business in line. What type of agency are they?
What will be an ideal response?
Answer: These agencies are regulatory agencies, created to keep big business in line under administrative law.
Explanation: These agencies are regulatory agencies, created to keep big business in line under administrative law.
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Which of the following costs related to the purchase of production equipment incurred by Newark Company during 2016 would be considered a revenue expenditure?
a. Installation costs for equipment b. Purchase price of the equipment less the cash discount c. Repair and maintenance costs during the equipment's first year of service d. Transportation charges to deliver the equipment to Newark Company
Which of the following types of sales quotas encourage salespeople toward the products and services that are the most profitable to the company, as opposed to those that have the highest prices or are easiest to sell?
A) sales volume based quota B) profit based quota C) combination quota D) market based quota
Eurest is the largest ______ company in Australia, employing 7,050 people at more than 5000 sites as of 2001.
a. oil b. food service c. rubber d. construction
Rico's Taqueria had cash inflows from operating activities of $29,000; cash outflows from investing activities of $24,000, and cash outflows from financing activities of $14,000. Calculate the net increase or decrease in cash.
A. $39,000 increase. B. $38,000 decrease. C. $67,000 increase. D. $9000 decrease. E. $9000 increase.