Which Legislation Authorizes the FDA to Determine the Safety of a Drug

question 8

Multiple Choice

Which legislation authorizes the FDA to determine the safety of a drug before its marketing?

• A) Federal Food,Drug,and Cosmetic Act (1938)
• B) Durham Humphrey Amendment (1952)
• C) Controlled Substances Act (1970)
• D) Kefauver Harris Drug Amendment (1962)

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Definitions:

Equipment

Tangible assets used in operations, such as machinery, computers, and furniture, which are expected to be used over several years.

Note Payable

A written promise to pay a specific sum of money on a future date or dates, typically with interest.

Journal Entry

A record in accounting that notes the debit and credit effects of a financial transaction.

Truck Purchase

The acquisition of a truck, which is a capital investment and may be classified as a fixed asset on the balance sheet.