The _____, as it is popularly known, gives law enforcement agencies surveillance and wiretapping rights they did not have before 2001.

A. PATRIOT Act
B. Civil Contingencies Act
C. National Security Act
D. Domestic Security Enhancement Act


Answer: A

Business

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The purpose of profitability control is to ________

A) examine whether the planned results are being achieved B) examine where the company is making and losing money C) evaluate and improve the spending efficiency and impact of marketing expenditures D) examine whether the company is pursuing its best opportunities with respect to markets, products, and channels E) understand the efficiency of the sales force, advertising, sales promotion, and distribution

Business

On a cost of quality report, the cost of activities that are incurred to preclude the production of a product or the execution of a service that does not conform to its design specifications is classified as a(n):

a. prevention cost. b. appraisal cost. c. internal failure cost. d. external failure cost.

Business

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

7. Angel investors are eligible to invest as long as they are accredited investors. 8. Generally speaking, there are more minority angel funding groups than women angel groups. 9. Because they are investors, angel investors and venture capitalists do not usually have an exit plan. 10. When working with a venture capitalist, it is possible to be demoted within your own company. 11.The authors recommend finding investors early in the game so that you can focus on building the company. 12. Typically entrepreneurs value their companies based on its current financial performance.

Business

Mandato Corporation has provided the following data for its two most recent years of operation:    Selling price per unit$68   Manufacturing costs:  Variable manufacturing cost per unit produced:  Direct materials$10Direct labor$6Variable manufacturing overhead$4Fixed manufacturing overhead per year$220,000Selling and administrative expenses:  Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$61,000  Year 1Year 2Units in beginning inventory01,000Units produced during the year11,00010,000Units sold during the year10,0007,000Units in ending inventory1,0004,000 The net operating income (loss) under absorption costing in Year 2 is closest to:

A. $74,000 B. $183,000 C. $138,000 D. $68,000

Business