Under cash-basis accounting, the timing of cash inflows and outflows exactly matches the reporting of revenues and expenses in the income statement.
Answer the following statement true (T) or false (F)
True
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The U.S. Small Business Administration issues a new regulation that will have a significant impact on a substantial number of small businesses. Under the Regulatory Flexibility Act, the agency must do all of the followingexcept
a. measure the cost that the rule will impose on small businesses. b. consider less burdensome alternatives. c. conduct a regulatory flexibility analysis. d. adjust the rule to the satisfaction of the regulated businesses.
In Consolidated Edison Co v. Public Service Comm., the New York utility commission ruled that the electric company could not send its customers information in support of nuclear power. The Supreme Court held that this was unconstitutional because:
a. the New York Commission was restricting the content of the information distributed b. the New York Commission was restricting the time the information was distributed c. the New York Commission was restricting the place the information distributed d. the New York Commission was not restricting the content of the information distributed e. none of the other choices are correct
Which of the following is not an online banking application category?
A) informational B) delivery C) administrative D) transactional
Charmed Power Inc. is working on a fast battery-recharging system that is still under development and has yet to be approved. Charmed Power's product is an example of a(n) ________ technology.
A. base B. pacing C. key D. emerging E. improved