What are the powers of the Consumer Product Safety Commission? Name some consumer products excluded from the purview of the CPSC
What will be an ideal response?
The CPSC is an independent federal administrative agency empowered to 1. adopt rules and regulations to interpret and enforce the CPSA, 2. conduct research on the safety of consumer products, and 3 . collect data regarding injuries caused by consumer products. Certain consumer products, including motor vehicles, boats, aircraft, and firearms, are regulated by other government agencies and not by the CPSC.
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Which of the following is an interorganizational business process?
A) Hiring an employee B) Identifying a customer C) Creating financial statements D) Ordering raw materials E) Checking product quality
Investment earnings of $1,250 were earned on restricted investments. The earnings are to be used for various research projects during the current year. The earnings would be reported as
A. Unrestricted revenues. B. Temporarily restricted revenues. C. Permanently restricted revenues. D. General interest revenue.