The Toxic Substances Control Act is accurately described by which of the following?
A. It established a national policy to regulate, restrict, and, if necessary, ban toxic chemicals.
B. It promoted nontoxic chemicals and fuels for business use.
C. It required reductions in urban smog, acid rain, and greenhouse gas emissions.
D. It authorized funds for treatment plans and toxic waste cleanup.
Answer: A
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Sweden's smaller population explains why IKEA, Saab, and Ericsson have looked beyond their borders for significant growth opportunities
Indicate whether the statement is true or false
Journalize the following transactions for a merchandiser that uses the gross method for recording sales and a perpetual inventory system.
On January 8, inventory was sold for $7,000 on account. Credit terms were 2/15, n/30 (cost $5,500). On January 31, cash was received in full settlement of the January 8 sale. Omit explanations. What will be an ideal response?
When certain customers made cash payments to reduce their accounts receivable, the bookkeeper embezzled the cash and wrote off the accounts as uncollectible. Which control procedure would most likely prevent this irregularity?
a. segregation of duties b. accounting records c. accounting system d. access controls
Briefly explain how the value chain is related to competitive advantage
What will be an ideal response?