The Food and Drug Administration, the Consumer Product Safety Commission and the National Highway Transportation Safety Association are I. Cabinet Departments within the Executive Branch II. Subcommittees of the Senate and House of Representatives

within the Legislative Branch III. Judicially created organizations to implement Supreme Court mandates related to product safety. IV. Independent Agencies that report to no branch of government.


Answer: D

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Discount on Notes Payable is treated as a reduction of notes payable on the balance sheet

a. True b. False Indicate whether the statement is true or false

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Answer the following statements true (T) or false (F)

1.Geocentric organizations typically choose to mix in third-country nationals along with parent- and host-country employees. 2.Onshoring is the process of closing operations in other countries and bringing work back to the home country. 3.Culture shock is only experienced by workers moving to foreign countries, never by those returning home. 4.The most common method to manage expatriate compensation is called the balance sheet approach. 5.In the national-plus approach to expatriate compensation, the employee receives compensation based on the host country’s ordinary pay structures and then receive allowances to allow them to more closely match their living standard in their home country.

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Answer the following statement(s) true (T) or false (F)

1. In socialism, government planning, rather than the market, coordinates economic activity. 2. Democracy is an economic system based on private ownership of property. 3. In communism, basic industries are owned by the government, but small-scale enterprises can be privately owned. 4. The United States is an example of a pure capitalist nation. 5. In the U.S. economy, when there is excess demand for something, the price goes down.

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Physical design is independent of any particular database management system

Indicate whether the statement is true or false

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