An Agency That Doesn't Actively Monitor the Businesses It Regulates

question 128

Multiple Choice

An agency that doesn't actively monitor the businesses it regulates but instead waits for private citizens or interest groups to raise questions about the actions of the businesses can be said to use

• A)fire-alarm oversight.
• B)police patrol oversight.
• C)random sampling.
• D)no oversight.
• E)last-minute oversight.

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Definitions:

Cash Received

Money that a business or individual takes in, often measured over a period to assess cash flow.

Customers on Account

Refers to the sales made by a business where the payment is to be received at a later date, recorded as accounts receivable.

Cash Account Balance

The amount of money that is available in a company's or individual's cash account at any given time.

Cash Payments

Disbursements of money to fulfill liabilities or acquire goods and services.