The _____ is the federal government agency charged with enforcing regulations against selling and distributing adulterated, misbranded, or hazardous products of a specific type.
A. Federal Trade Commission
B. Consumer Product Protection Commission
C. U.S. Justice Department
D. Food and Drug Administration
E. American Safety League
Answer: D
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A department often uses a specialized sales journal to separate the revenue derived from its various products or services
a. True b. False Indicate whether the statement is true or false
Exhibit 20-3 On January 1, 2016, Quinn Company enters into a five-year sales-type lease with Andy Company. The lease requires Andy to make five annual payments at the beginning of the year, with the first payment due January 1, 2016. The lease includes a bargain purchase price of $10,000. Quinn requires a 10% rate of return. The cost to Quinn of the property is $100,000, and it has a fair value
of $150,000. Present value factors for a 10% interest rate are as follows: Present value of $1 for n = 1 0.909091 Present value of $1 for n = 5 0.620921 Present value of an ordinary annuity for n = 5 3.790787 Present value of an annuity due for n = 5 4.169865 ? Refer to Exhibit 20-3. What is the amount of sales revenue to be recognized by Quinn on January 1, 2016,? A) $143,791 B) $150,000 C) $50,000 D) $0
If a precise location on a map is important, a _________________ reference is better than a north arrow
a. GPS number b. longitude and latitude c. bibliographic d. source
If the cost slope for an activity is $10,000 per week, this means ______.
a. the activity will cost $10,000 for each week that it is accelerated b. the primary firm will pay the contractor $10,000 for each week that the project is completed ahead of schedule c. the contractor will have to pay the primary firm $10,000 for each week beyond the expected date of completion d. the project leader will incur a penalty of $10,000 for each week that the project takes beyond expected date of completion