Which of the following statements about trade in textiles is true?

a. It is regulated by the WTO Agreement on Textiles and Clothing.

b. It is governed by the Multifiber Agreement of 1974.

c. Textiles are not subject to the WTO "Escape Clause" on safeguards and unfair trade.

d. It is governed by the basic GATT principles of MFN trade and nondiscrimination.


d

Business

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When are consolidated financial statements prepared?

a. At the option of an investee company b. At the option of an investor company c. If one company owns more than 50% of another company d. Only if one company owns 100% of another company

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To ensure that the financial statements articulate, it is important that the change in the cash balance on the balance sheet each year agrees with

a. the cash collections from sales in the projected income statement. b. the cash provided by or used by operations on the projected statement of cash flows. c. the net change in cash on the projected statement of cash flows. d. the net change in working capital from period to period.

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The motion for summary judgment alleges that if all the facts presented in the pleadings are taken as true, the party making the motion would win the lawsuit when the proper law is applied to these asserted facts

Indicate whether the statement is true or false

Business

For an employer with a two-week pay period, overtime pay must be paid to a nonexempt

employer only if the hours worked in the pay period exceed 80, regardless of how many hours were worked in each of the weeks. Indicate whether the statement is true or false

Business