In the case United States v. Lopez referenced in the text, the U.S. Supreme Court upheld the Gun-Free School Zones Act, which banned guns near schools, as within Congress's power under the Commerce Clause
a. True
b. False
Indicate whether the statement is true or false
False
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If payables turnover has increased significantly since the prior year, this is an indication that which of the following assertions for accounts payable might be violated?
A. Valuation and allocation. B. Completeness. C. Rights and obligations. D. Existence or occurrence.
The Federal Trade Commission enforces laws that prevent unfair competition in business
Indicate whether the statement is true or false
If a special pricing order is accepted for 5500 sails at a sales price of $150 per unit, and fixed costs remain unchanged, what is the change in operating income? (Assume the special pricing order will require variable manufacturing costs and variable selling and administrative costs.)
Voyage Sail Makers manufactures sails for sailboats. The company has the capacity to produce 37,000 sails per year and is currently producing and selling 30,000 sails per year. The following information relates to current production:
A) Operating income decreases by $825,000.
B) Operating income increases by $825,000.
C) Operating income decreases by $495,000.
D) Operating income increases by $495,000.
Which of the following is NOT an element of issues management?
A) anticipate emerging issues B) deal with opportunities and vulnerabilities C) identify all possible issues D) plan from the outside in