Which of the following laws establishes the standards and procedures federal administrative agencies must follow in their rulemaking and adjudicative functions?

A) Federal Procedure Act
B) Administrative Procedure Act
C) Congressional Review Act
D) Small Business Regulatory Enforcement Fairness Act

B

Business

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A company purchased machinery by issuing a long-term note payable. This is an example of a non-cash investing and financing activity for the statement of cash flows

Indicate whether the statement is true or false

Business

How does the NAFTA seem to increase the international competitiveness of U.S. and Canadian firms?

a) It gives them access to scarce natural resources hitherto unavailable. b) It increases tariff barriers making the North American market less attractive to Asian companies. c) It allows them to take advantage of lower labor costs in Mexico. d) It gives them production bases in South American markets such as Brazil and Argentina.

Business