Which of the following is required of an agency under informal rulemaking?
A) filing the notice of proposed rulemaking in an appellate court
B) providing an opportunity for all interested parties to submit written comments to the agency
C) scheduling a hearing at which experts give their opinions on a rule proposed by the agency
D) appointing a counsel for persons unable to afford representation at the formal hearing
B
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Proper internal control over the inventory account would require that inventory items should be reviewed for obsolescence and proper accounting treatment
a. True b. False Indicate whether the statement is true or false
Which of the following words can be either singular or plural?
A) politics B) mumps C) news D) mathematics
Which of the following is a collateral promise?
a. A mother tells a merchant to extend $1,000 worth of credit to her son and says, "If he doesn't pay, I will." b. Andrew promises Donald that if Donald cannot pay his bills, Andrew will. c. A father tells a merchant to deliver a computer to his daughter and says, "Send me the bill. I'll pay for it." d. All of these are collateral promises.
Opportunity costs should be included as cash outflows when determining a project's incremental cash flows
Indicate whether the statement is true or false