________ refer(s) to the law that governments enact to regulate industries, businesses, and professionals.

A. Municipal codes
B. Stare decisis
C. Codified statutes
D. Administrative law


Answer: D

Business

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The increasing importance of the European Union (EU) as a regional market has prompted a number of companies to change their organizational structures by setting up regional headquarters there

Indicate whether the statement is true or false

Business

The following amounts are from Silverton Co's 2014 income statement: Sales ................................................. $340,000 Sales returns and allowances .......................... 5,000 Cost of goods sold .................................... 132,000 Utilities expense ..................................... 66,000 Interest revenue ...................................... 1,000 Income tax on

operations .............................. 28,000 Extraordinary loss due to earthquake, net of tax ...... 5,000 Interest expense ...................................... 4,000 Salaries expense ...................................... 46,000 Loss on sale of investments ........................... 3,000 What amount would Silverton show for income from continuing operations on a multiple-step format income statement? a. $52,000 b. $68,000 c. $57,000 d. $96,000

Business

Having one employee prepare company checks and sign those checks is:

A) a violation of proper segregation of duties B) a violation of adequate documentation C) a good example of independent verification D) a good example of establishing responsibility

Business

Gina wanted to start a decorating business. She identified several possible target markets, but decided to serve a market composed of recently married couples that owned their first home. Gina appears to be following the ________ approach.

A. mass marketing B. single target market C. combined target market D. multiple target market E. niche market targeting

Business