Corner Market sells groceries. Delite Food & Drug Store sells groceries and fills prescriptions. The chief responsibility to prevent unsafe food and drugs from being sold rests with
a. the Consumer Product Safety Commission.
b. no single federal agency.
c. the Federal Trade Commission.
d. the Food and Drug Administration.
d
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Goal conflict can be avoided if budget goals are carefully designed for consistency across all areas of the organization
Indicate whether the statement is true or false
Assume one bank offers you a nominal annual interest rate of 6.00% compounded daily while another bank offers you continuous compounding at a 5.90% nominal annual rate. You decide to deposit $1,050 with each bank. Exactly two years later you withdraw your funds from both banks. What is the difference in your withdrawal amounts between the two banks? Assume 365 days in a year. Do not round your intermediate calculations.
A. $1.77 B. $2.24 C. $2.35 D. $2.71 E. $2.94
Why is speculating in derivatives, futures contracts and options not appropriate for the typical, long-term investor?
What will be an ideal response?
Assuming there is a budget surplus, which of the following accounts are credited when the general fund records its operating budget at the beginning of the year?
A. Appropriations Control and Budgetary Fund Balance-Unassigned. B. Estimated Residual Equity Transfer Out and Estimated Transfer In. C. Estimated Revenues Control and Estimated Residual Equity Transfer Out. D. Budgetary Fund Balance-Assigned For Encumbrances and Expenditures.