The Primary Source for Administrative Law Is the ______

question 32

Multiple Choice

The primary source for administrative law is the ______.

• A)Federal Administrative Procedure Act
• B)Federal Crime Commission
• C)Federal Communicational Commission
• D)U.S.Constitution

---

Definitions:

FIFO

An inventory valuation method, "First-In, First-Out", where goods first bought are the first to be sold.

LIFO

Last In, First Out; an inventory valuation method where the items acquired last are the first to be sold.

Weighted-Average

A statistical method used to attribute different weights to data points or components based on their significance.

Cost Flow

Describes the manner in which costs move through a company's accounts, from the point of initial recording to their ultimate impact on financial statements.