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Sliva [168]
3 years ago
5

The Wheeler-Lea Act: a. expanded the FTC's authority to regulate advertising. b. limited the FTC's authority to regulate only ad

s that affected competition. c. eliminated the FTC authority to require corrective ads. d. none of the above
Business
2 answers:
Solnce55 [7]3 years ago
6 0

Answer:

The correct answer is letter "A": expanded the FTC's authority to regulate advertising.

Explanation:

The U.S. Wheeler-Lea Act of 1938 is a federal law that was passed to empower the Federal Trade Commission (FTC) Act of 1914. The Wheeler-Lea Act gave the FTC power to issue cease-and-desist orders and fines to companies engaging in deceiving trade practices and marketing. Before this amendment, the FTC had the power to regulate violations related to commerce and advertising committed by industry competitors.

Kisachek [45]3 years ago
3 0

Answer:

A) Expanded the FTC's authority to regulate advertising.

Explanation:

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A formal credit arrangement between a creditor and debtor is called a(n):_____.
jek_recluse [69]

The correct option is (c) note receivable

A formal credit arrangement between a creditor and debtor is called note receivable.

<h3>What receivable means?</h3>

Receivables, sometimes referred to as accounts receivable, are sums of money owing to a business by its clients for products or services that have already been provided or utilized but have not yet been paid for.

<h3>Is note receivable a debit or credit?</h3>

debit

Notes receivable typically have a debit balance. Debits increase notes receivable and credits decrease them, just like with other assets.

<h3>What type of account is notes receivable?</h3>

The value that a company is owed in promissory notes is recorded as notes receivable, which makes them an asset.

To learn more about note receivable visit:

brainly.com/question/13741240

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3 0
2 years ago
Suppose the narrator’s company instituted a policy in which employees have to tell HR any time they receive a corporate gift wor
Gre4nikov [31]

Answer:

C. more than the Red Sox tickets

Explanation

Based on the scenario being describe it can be said that It is likely that the small gifts would influence the narrator more than the Red Sox tickets. This mainly because the little gifts will sum up over time since they have been receiving them for about 7 months, instead of Red Sox tickets which would be the same repeated event every time.

4 0
3 years ago
Read 2 more answers
Ned Douglas owns Ned’s Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling th
eimsori [14]

In accounting, the purpose of reconciliation is to compare two sets of records for correction and make sure they are in agreement.

Here, Ned have some items which needed to be reconciled with the company’s bank account.

  1. For "the Outstanding checks", he should deduct the amount from balance per bank
  2. For "a deposit in transit", he should add to balance per bank
  3. For "the bank charged to our account a check written by another company", he should add to balance per bank and notify the bank of its error.
  4. For "a debit memorandum for bank service charge", he should deduct from balance per books.

Learn more about this here

<em>brainly.com/question/22929135</em>

3 0
3 years ago
The farm always comes_______. This is something many feel the general public does not understand unless they came from a farm.
joja [24]

Answer:

First

Explanation:

something many people dont understand is a farm is a business and it always comes first. hope this helps

3 0
3 years ago
FedEx Corporation is the world's leading express-distribution company. In addition to the world's largest fleet of all-cargo air
Masteriza [31]

Answer:

 

1) Calculate the amount of gain or loss on disposal, assuming that Accumulated Depreciation was:

(a) $12,000,   0

(b) $10,000,  Loss  2000

(c) $15,000.   Gain 3000

2) Using the following structure, indicate the effects (accounts, amounts, and + or -) for the disposal of the truck in each of the three preceding situations.

Assets = Liabilities + Stockholders' Equity

Cash+Net Fixxed Asset=Liabilities+truck sold+sale-net-loss in sale  

 

´=16000+(-28000+12000)=0+(16000-(28000-12000))  

3) Prepare the journal entry to record the disposal of the truck for each situation in requirement 1.

Depreciation a 12000  

 

Db Cash___________________ 16000  

Depreciation________________ 12000  

Fix asset____________________________________  28000

 

Depreciation b 10000  

 

Db Cash___________________ 16000  

Depreciation_______________         10000  

Fix asset____________________________________  28000

Loss in disposal of fixed asset_______2000  

 

Depreciation c 15000  

 

Db Cash___________________ 16000  

Depreciation________________ 15000  

Fix asset____________________________________  28000

Income in disposal of fixed asset__________________  3000

Explanation:

Truck sold 16000  

Purchased 28000  

Depreciation a 12000  

Depreciation b 10000  

Depreciation c 15000  

 

Cash+Net Fixxed Asset=Liabilities+truck sold+sale-net-loss in sale  

 

´=16000+(-28000+12000)=0+(16000-(28000-12000))  

 

 

Depreciation a 12000  

 

Db Cash___________________ 16000  

Depreciation________________ 12000  

Fix asset____________________________________  28000

 

Depreciation b 10000  

 

Db Cash___________________ 16000  

Depreciation_______________         10000  

Fix asset____________________________________  28000

Loss in disposal of fixed asset_______2000  

 

Depreciation c 15000  

 

Db Cash___________________ 16000  

Depreciation________________ 15000  

Fix asset____________________________________  28000

Income in disposal of fixed asset__________________  3000

7 0
3 years ago
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