A company working toward ISO 14000 certification would be most concerned with oversight from the ________

A) U.S. Food and Drug Administration (FDA)
B) World Trade Organization (WTO)
C) Sarbanes-Oxley Act
D) U.S. Environmental Protection Agency (EPA)

Answer: D

Business

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Which of the following statements is true regarding estate income tax returns filed on Form 1041?

A. Form 1041 has its own tax rate schedule. B. Estates are never liable for the alternative minimum tax. C. All estates are subject to the same estimated tax rules that apply to Form 1040. D. None of the answers are correct.

Business

Which of the following is necessitated once the passage of risk has been completed?

A. The buyer must pay the agreed-upon price for the goods involved. B. The seller must pay monetary compensation for nonconforming goods. C. The seller must absorb the cost of loss of goods. D. The buyer no longer remains responsible for loss or risk of the goods.

Business