Which of the Following Statements About the GRAS List Is

question 78

Multiple Choice

Which of the following statements about the GRAS list is true? 

• A) There are only three substances currently on the list: salt, sugar, and caffeine. 
• B) Items on the list have never been removed; therefore, it is most trustworthy. 
• C) It was established by the FDA in 1958. 
• D) Substances on the list have no risk of causing cancer. 
• E) Public outcry is not a sufficient reason to review a substance on the list.

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Definitions:

Accounting Appearances

Refers to the presentation of a company's financial information in a manner that may look acceptable on the surface but may not accurately represent the underlying financial reality.

Loan Agreements

Contracts between a borrower and a lender outlining the terms of a loan.

Covenants

Agreements or clauses within a financial contract that obligate the borrower to meet specified conditions or restrict certain actions to protect the lender's interests.

Accounting Numbers

Financial figures derived from accounting practices that represent a company's financial performance and position.