The Drug Amendment to the FDCA gives the FDA broad powers to license new drugs in the United States
Indicate whether the statement is true or false
TRUE
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The accrual basis of accounting is often contrasted with the cash basis of accounting. Which of the following is/are true of the cash basis of accounting?
a. The cash basis is not subject to manipulation. b. Most larger companies use the cash basis of accounting. c. The cash basis of accounting provides a strong basis to determine the total assets of the company. d. The cash basis provides an inferior picture of operating performance. e. All of the above are true.
Véronique is the CEO of a wind power energy company. Identify which company model she would emulate to craft a multidomestic strategy.
A. Tiffany & Co., an American luxury jewelry and specialty retailer, controls its general market approach from its headquarters in New York. B. Ford Motors establishes its own ride-sharing business in Mumbai, India. C. Castrol produces over 3,000 different formulas of oil lubricants to meet the requirements of different climates, vehicle types and uses, and equipment applications that characterize different country markets. D. Vueling, a low-cost carrier based in Spain, adapts its price to competitive pressures from Norwegian Air, RyanAir, and EasyJet. E. Intel strongly encourages its trading partners to use the UN/EDIFACT ISO standard ISO 9735 for syntax and data exchange.
With reduced demand uncertainty, a supply chain manager can better match supply and demand by reducing both overstocking and understocking
Indicate whether the statement is true or false.
Which of the following statements is CORRECT?
A. Since depreciation is not a cash expense, and since cash flows and not accounting income are the relevant input, depreciation plays no role in capital budgeting. B. Under current laws and regulations, corporations must use straight-line depreciation for all assets whose lives are 3 years or longer. C. If they use accelerated depreciation, firms will write off assets slower than they would under straight-line depreciation, and as a result projects' forecasted NPVs are normally lower than they would be if straight-line depreciation were required for tax purposes. D. If they use accelerated depreciation, firms can write off assets faster than they could under straight-line depreciation, and as a result projects' forecasted NPVs are normally lower than they would be if straight-line depreciation were required for tax purposes. E. If they use accelerated depreciation, firms can write off assets faster than they could under straight-line depreciation, and as a result projects' forecasted NPVs are normally higher than they would be if straight-line depreciation were required for tax purposes.