Which of the following is a federal agency that controls advertising?
A. the National Association of Attorneys General
B. the Better Business Bureau
C. the National Advertising Review Board
D. the National Advertising Review Council
E. the Food and Drug Administration
Answer: E
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On January 2, 2015, Concrete Master Construction, Inc issued $500,000, 10-year bonds for $574,540 . The bonds pay interest on June 30 and December 31 . The face rate is 8% and the market rate is 6%. What is the carrying value of the bonds after the first interest payment is made on June 30, 2015?
a. $574,540 b. $571,776 c. $568,920 d. $500,000
Which of the following is a reason why companies use special journals?
A) to reduce the time needed to complete the various accounting activities B) to provide for a chronological listing of similar transactions C) to divide the accounting task D) All of the above are reasons why companies use special journals.
Laurie knows little about cooking and does not want to spend the time to learn how to make a quiche. However, she has been asked to bring a quiche to an office retirement party. Not wanting to make a poor choice, she is likely to:
A. intuitively make the right choice B. avoid making a decision by not attending the party C. buy the most expensive pre-made quiche (perhaps paying too much), guessing that the price is related to quality D. research the product and buy the least expensive frozen quiche she can find E. buy the least expensive frozen quiche because most consumers feel that price is not directly related to quality
Which of the following is one of the four major external environmental problems that the EPA has primary responsibility for:
a. pollution associated with certain products b. contamination of food products c. noise pollution d. all of the other specific choices are correct e. none of the other specific choices are correct