Which of the Following Is True Regarding the 2011 Food

question 21

Multiple Choice

Which of the following is true regarding the 2011 Food Safety Modernization Act?

• A) It developed an electronic tracking system to follow food from the farm to the dinner table.
• B) It is one of several major overhauls of the FDA in the last several years.
• C) It recognizes that importers are not required to verify food safety in regard to food from other countries.
• D) It is one of several major overhauls of the FDA in the last several years, and it recognizes that importers are not required to verify food safety in regard to food from other countries.

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Definitions:

Schedule Of Cash Collections

A detailed plan that shows when a company expects to receive cash from accounts receivable or other revenue sources.

Direct Labor Budget

A direct labor budget is a financial plan that estimates the total cost of direct labor required to meet the production needs of a business.

Direct Labor-hours

The total hours worked directly on the production of goods.

Merchandise Purchases Budget

A detailed plan used by a merchandising company that shows the amount of goods that must be purchased from suppliers during the period.