Therapeutic Pharmaceutical Company is subject to regulations issued by the Food and Drug Administration, which is a federal agency. These regulations are part of the body of

a. administrative law.
b. legislative law.
c. executive law.
d. statutory law.


A

Business

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Darnell Company purchased $88,000 of computer equipment from Joseph Company. Darnell Company paid for the equipment using cash that had been obtained from the initial investment by Donnie Darnell. The transaction involving the computer equipment should be recorded on the accounting records of which of the following entities?

A) Darnell Company and Donnie Darnell's personal records B) Joseph Company and Donnie Darnell's personal records C) Darnell Company and Joseph Company D) Joseph Company

Business

With forecasting error being measured in MAD (mean absolute deviation), the 3? control limits imply that the probability that the forecasting errors are attributable to random variation is ______.

A. 3% B. 99.7% C. 2.3% D. 50%

Business

Duncan Crafts manufactures specialty key chains for tourist attractions. On January 1, the firm had 300 souvenir attraction disks, costing $3 each, used in the production of key chains. During the year Duncan Crafts purchased 1,500 souvenir disks costing $3 each and produced 1,100 key chains. Compute the total cost of souvenir disk raw materials inventory at December 31.

What will be an ideal response?

Business

No oral contract is enforceable under the UCC.

Answer the following statement true (T) or false (F)

Business