If a Business Refuses to Comply with a Request by the _____,The

question 57

Multiple Choice

If a business refuses to comply with a request by the _____,the agency can issue a cease-and-desist order,which gives a final demand to stop an illegal practice.

• A)Environmental Protection Agency
• B)Consumer Product Safety Commission
• C)U.S. Department of Justice
• D)Federal Trade Commission

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Definitions:

Debit Total

The sum of all debit entries made in an account or ledger over a specific period.

Credit Total

The sum of all credit transactions in an accounting period, representing the amount owed by a business to its creditors.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and profits.

Current Ratio

A financial metric used to evaluate a company's ability to pay off its short-term liabilities with its short-term assets.