Which of the Following Is NOT True of a HACCP

question 31

Multiple Choice

Which of the following is NOT true of a HACCP system?

• A)Designing and implementing the system is the responsibility of the food processor.
• B)HACCP is a system that focuses on preventing problems.
• C)Having periodic inspections is the basis of an effective HACCP plan.
• D)An effective HACCP plan requires extensive record-keeping.

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Definitions:

Common Shares

Shares of stock representing ownership in a company, giving holders voting rights and a share in the company’s profits through dividends.

Stockholders' Equity

The residual interest in the assets of an entity after deducting liabilities, representing ownership interest held by stockholders.

Noncontrolling Interest

The portion of equity in a subsidiary not owned by the parent company, reflecting the interests of outside investors.

Subsidiary's Net Income

The amount of profit remaining after all expenses, including taxes and operating costs, have been subtracted from total revenue, specific to a company that is controlled by another entity.