Which of the following is an agency of the U.S. government?
A) IASB
B) SEC
C) FASB
D) AICPA
B
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Which of the following statements is true for the Consumer Product Safety Act (CPSA) of 1972?
A. Its authority covers products such as motor vehicles and equipment, firearms, aircraft, boats, drugs, cosmetics, and food products. B. It established the Consumer Product Safety Commission (CPSC), an independent regulatory agency which is the main federal agency concerned with product safety. C. It cannot be used by the CPSC to bring suit in federal district court to eliminate the dangers presented by imminently hazardous consumer products. D. It can regulate consumer products but does not have the power to ban any products.
What personal factors help shape your selection of a target industry in addition to your own person enthusiasm and passion for a particular set of products or services:
a. Your own work experience b. Your educational experience, including business or technical skills c. A family business (your family!) d. All of the above
What areas of evidence might be presented to indicate that your new service for a shared car cooperative has a perceived customer value?
What will be an ideal response?
How should a permanent loss in value of an investment using the equity method be treated?
A. No adjustment is necessary. B. A loss is reported in the same manner as a loss in value of other long-term assets. C. The investor's stockholders' equity is reduced. D. The equity in investee income is reduced. E. Record an offset to cash.