The federal Clean Air Act sets specific pollution standards. California adopts even stricter pollution standards instate. This standard is likely to be found:
a. unconstitutional; states may not pass regulatory standards different than those of Congress b. unconstitutional; states may not pass stronger regulatory standards than those of Congress
c. unconstitutional; the standard will reduce the ability of California to compete in interstate commerce
d. constitutional; the necessary and proper clause lets states pass regulations needed for local conditions e. none of the other choices
e
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Cimarron Company cash count at the end of the day is reported as $2,459, while the cash register tape reports $2,315 . The amount of the change fund is $150 . To record revenue earned for the day, Cimarron Company would record a
a. debit to Cash, $2,459 . c. credit to Cash Short and Over, $6. b. debit to Cash Short and Over, $6. c. credit to Income from Services, $2,459. d. complete the work sheet.
Under the perpetual inventory system, the Cost of Goods Sold and Merchandise Inventory accounts are updated with each sale
Indicate whether the statement is true or false
Equity theory is also known as
A. procedural justice. B. distributive fairness. C. administrative justice. D. moral justice.
Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is
A. a delegation. B. an assignment. C. an alienation. D. prohibited.