To enforce federal antitrust law in civil cases, the U.S. Justice Department files ________
A) an administrative action with the Federal Trade Commission (FTC)
B) suit in federal district court
C) an administrative action with the Interstate Commerce Commission (ICC)
D) suit to enforce the law through a private internal administrative action at the Justice Department
B
You might also like to view...
When making a decision to discontinue an operating segment, allocated common costs are not considered
Indicate whether the statement is true or false
The time needed to develop a graphic, the cost of developing the graphic, and the effectiveness of the graphic are the only considerations in the use of graphics
Indicate whether the statement is true or false
Which of the following sales is covered by Article 2 of the UCC?
A. the sale of intangible goods B. the sale of tangible goods C. the sale of real estate D. the sale of stocks
Frisco Company's Merchandise Inventory account at year-end has a balance of $62,115, but a physical count reveals that only $61,900 of inventory exists. The adjusting entry to record this $215 of inventory shrinkage is:
A.
| Inventory shrinkage expense | 215 | |
| Cost of goods sold | 215 |
B.
| Cost of goods sold | 215 | |
| Purchases discounts | 215 |
C.
| Cost of goods sold | 215 | |
| Merchandise Inventory | 215 |
D.
| Purchases discounts | 215 | |
| Cost of goods sold | 215 |
E.
| Merchandise Inventory | 215 | |
| Inventory shrinkage expense | 215 |