Financial accounting is often referred to as a:
a. tax allocation system
b. language of business
c. mathematical system of equations
d. internal reporting structure
b. language of business
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Japanese car safety rules effectively require all automobile replacement parts to be Japanese and the country has about 11,000 other rules that specify how other goods are to be made and marketed. These rules often function as ________.
A. universal codes B. binding requirements C. trade barriers D. economic infrastructure E. targets for bribery
The supreme law in the United States is
a. the constitutions of the various states. b. decisions made by courts. c. administrative regulations. d. the U.S. Constitution.
A law must relate rationally to a legitimate government interest to:
a. satisfy due process requirements b. satisfy fair process requirements c. satisfy First Amendment requirements d. satisfy legislative requirements e. none of the other choices are correct
Answer the following statement(s) true (T) or false (F)
Public offering is a term used to refer to corporations taking public donations to raise capital.