The Food and Drug Administration (FDA) is an executive agency. As an executive agency, the FDA is subject to?
A) no higher authority

B) the authority of the president.
C) the authority of state legislatures.
D) the authority of the U.S. Attorney General


B

Business

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Which of the following transactions will result in the recognition of an expense?

A) Interest accrued on a bank loan. B) The declaration and payment of dividends. C) Payment on accounts payable. D) All of these choices.

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Mercedes was able to successfully introduce its C-Class car at $30,000 without injuring its ability to sell other Mercedes cars for $100,000 or more. Mercedes implemented a(n) ________

A) downward line stretch B) product line contraction C) cannibalization strategy D) upward line stretch E) value stretch

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What type of company is DM Yard Services? Briefly describe the characteristics of a sole-proprietorship, a limited-liability company, and a corporation; specifically address the equity section of the balance sheet for each.

What will be an ideal response?

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According to our text, internet traffic doubles every 10 days

Indicate whether the statement is true or false

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