Which of the following is NOT true regarding product liability in the European Union according to the European Union product liability directive?
a. Both a statute of limitations and a statute of repose are available.
b. A manufacturer will not be liable if the defect was due to compliance of the product with mandatory regulations.
c. The directive applies to services as well as products.
d. A supplier or wholesales is not strictly liable unless the injured party is unable to identify the manufacturer.
c
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Problem-solving information is one of the three types of information that is obtained in a questionnaire
Indicate whether the statement is true or false
Which of the following is an example of exercising internal control over receivables?
A) separating cash collection and credit approval duties B) extending credit to all customers who apply for credit C) combining the duties of the credit and accounting departments D) allowing credit department employees to collect cash from customers
Rainier Industries has Raw materials inventory on January 1, 20x8 of $32,500 and Raw materials inventory on December 31, 20x8 of $26,700. If purchases of raw materials were $135,000 during the year, what was the amount of raw materials used during the year?
A. $140,800. B. $146,600. C. $129,200. D. $135,000. E. None of the answers is correct.
Data on a particular job, performed for a particular client by an employee would be
stored in a __________. Fill in the blanks with correct word