Which of the Following Is Not an Option for a Compliance

question 27

Multiple Choice

Which of the following is not an option for a compliance officer in the event of an employer refusing entry for inspection?

• A)The compliance officer must terminate the inspection.
• B)An indictment warrant issued by a U.S. district judge should be produced.
• C)The inspection has to be confined to those areas where no objection has been raised.
• D)An ex parte application for an inspection warrant may be obtained.

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Definitions:

GAAP

An aggregation of universally recognized rules and standards in accounting for presenting financial information.

Non-Interest-Bearing Note

A type of promissory note that does not accrue interest over its life, with the borrower repaying only the principal amount borrowed.

Net Carrying Value

The current book value of an asset or company after subtracting total liabilities from total assets.