Where there has been informal rulemaking or informal adjudication by an administrative agency and the decision by that agency is then appealed to the courts, the court will generally apply what test in reviewing factual determinations?
A) The unwarranted by the facts standard.
B) The substantial evidence test.
C) The arbitrary and capricious test.
D) The beyond a reasonable doubt standard.
C
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A true voucher system requires that all expenditures for whatever purpose and in excess of a certain dollar amount be formally approved for payment before they can be paid
Indicate whether the statement is true or false
Management assertions fall into four main categories.
Answer the following statement true (T) or false (F)
The five roles of individual family members in the consumer purchase decision process are
A. sustainer, experiential, belonger, emulator, and achiever. B. opinion leader, influencer, decision maker, purchaser, and user. C. need driven, inner directed, outer directed, opinion leader, and decision maker. D. information gatherer, influencer, decision maker, purchaser, and user. E. associative group, aspiration group, opinion leader, decision maker, and user.
The absorption costing income statement does not distinguish between ________ and ________
a. cost of goods sold; gross profit b. income from operations; gross profit c. variable; fixed costs d. fixed manufacturing; fixed costs