Which of the following statements is true of the FDA?
A) It places a complete ban on animal testing.
B) It allows animal testing for only certain kinds of cosmetics like household soaps.
C) It excuses companies to skip ingredients for products on labels if they are carcinogenic.
D) It can withdraw approval of any previously licensed drug.
D
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Which of the following statements is an advantage of using distribution centers over direct store delivery?
A. Individual stores that forecast and draw from a DC are more cost efficient. B. The DCs enable the retailer to carry less overall inventory. C. The DC can always deliver faster than a vendor. D. The DCs have the advantage of keeping extra merchandise as backup stock in the store. E. Direct store delivery is always more expensive.
Saidee opened a textile business in 1984 that traded with GATT member nations. She thought that by choosing nations that were part of this economic trade agreement she would not encounter tariff barriers, however she has been unable to sell her product in several nations due to the high tariffs placed on textiles. What is the most likely reason for Saidee's predicament?
A. She misunderstood the purpose of GATT. B. The Kennedy Round, which was held in 1964 was only effective for five years. C. The Tokyo Round was completed in 1979. D. Elimination of tariffs on textiles was passed in the Uruguay Round.
How much can you borrow today if you can make payments of $3,600 a year for the next five years and the interest rate is 10%?
A) $13,646.83 B) $12,235.32 C) $18,978.36 D) $15,797.84 E) $17,949.67
The intrinsic value of a security is based on the I. amount of risk. II. current market value of the security. III. discount rate applicable to the security. IV. estimated future cash flows from the security
A) I and III only B) III and IV only C) I, II and III only D) I, III and IV only