The US FDA Engages in Three Broad Categories of Activities

question 12

Multiple Choice

The U.S. FDA engages in three broad categories of activities. Which one of the following is not one of the three?

• A) analysis
• B) surveillance
• C) governing
• D) correction

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Definitions:

Internal Rate

Typically referring to the internal rate of return (IRR), which is the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Intangible Benefits

Advantages or positive outcomes of an action that are not quantifiable in monetary terms, such as customer satisfaction or employee morale.

Required Rate

Often refers to the minimum return an investor expects to achieve from an investment.

Salvage Value

The expected selling price for an asset after its serviceable life has concluded.