Federal law prohibits selling any food that contains any impurities

Indicate whether the statement is true or false


FALSE

Business

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Recording estimated product warranty expense in the year of the sale best follows which of the following accounting principles?

a. Matching b. Consistency c. Historical cost d. Full disclosure

Business

Which of the following is true about a journal?

a. Each journal entry records only the debit side of a transaction. b. A journal cannot be done on a computerized accounting system because of possible security issues. c. A general journal records particular types of transactions such as credit sales. d. A specialized journal records transactions in the order they occur.. e. A journal may be a book, such as in a manual accounting system.

Business

______ are conformers who are generally passive and motivated by fear.

A. Psychopaths B. Bystanders C. Colluders D. Anarchists

Business

The Army Corps of Engineers has proposed the construction of a dam that will be of substantial benefit in Tennessee in terms of economic development. The dam will also destroy the natural habitat of an endangered species: the snail darter. The project: A) does not require an EIS since the EPA is not involved in the project

B) will require an EIS since the Army is involved. C) cannot be completed under the Environmental Protection Act. D) None of the above

Business