Violations of export control laws are punishable by:
a. civil penalties only.
b. criminal fines only.
c. civil penalties, denial orders, criminal fines and imprisonment.
d. administrative penalties only.
c
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In 1791, Alexander Hamilton presented to Congress his famous "Report on Manufacturers," which proposed that young industries of the United States be granted import protection. Hamilton was using the ______________ to justify protection
a. revenue argument b. scientific tariff argument c. infant industry argument d. cheap foreign labor argument
A company had net income of $230,000. Depreciation expense is $26,000. During the year Accounts Receivable and Inventory increased $15,000 and $40,000, respectively. Prepaid Expenses and Accounts Payable decreased $2,000 and $4,000, respectively. There was also a loss on the sale of equipment of $3,000. Using the indirect method, what is the amount of net cash flows from operating activities on
the statement of cash flows? A) $196,000 B) $202,000 C) $276,000 D) $288,000
A customer is given a due date for their product order with:
A) backlog. B) reservation. C) service on demand. D) appointment.
Bret obtains a fire insurance policy on his rental house with Continental Insurance Company. Like all insurance, this policy is an arrangement for
A. avoiding the assumption of responsibility. B. predicting a potential loss based on unknown factors. C. shifting the imposition of liability. D. transferring and allocating risk.