Which of the following is not true of NAFTA?
A. The agreement has a long adjustment phase-in time period.
B. Increased competition should lead to a more efficient market.
C. It will provide additional opportunities for the United States in long-term affiliations with other countries in the Western Hemisphere.
D. It provides protection for intellectual property among its members.
E. Business licensing requirements have been increased.
Answer: E
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Ragged Edge Arts uses a just-in-time (JIT) manufacturing environment. For the month of October, Ragged Edge Arts has completed $2,400 of quilts and paintings. The journal entry required to record the transfer to finished goods is ________
a. Raw and In Process Inventory 2,400 Accounts Payable 2,400 b. Finished Goods Inventory 2,400 Cost of Goods Sold 2,400 c. Finished Goods Inventory 2,400 Raw Materials Inventory 2,400 d. Finished Goods Inventory 2,400 Raw and In Process Inventory 2,400
Which of the following statements best describes the term "outstanding check" from a company's point of view?
A) A check written by the company and presented to the bank for payment. B) A check written by the company but not yet presented to the bank for payment. C) A check written by a customer to the company, and the check has been presented to the bank for payment. D) A check written by a customer to the company, but it has not yet been presented to the bank for payment.
____ are declared automatically for DML and SELECT statements issued within a PL/SQL block.
A. Implicit cursors B. Index-by Tables C. Assignment statements D. Collections
In the stilted language of auto policies, the "second party" in an accident is
A) you. B) the driver of the other car. C) the passenger in your car. D) your insurer.