Which of the Following Is True of the International Standards

question 60

Multiple Choice

Which of the following is true of the international standards for the premanufacture screening of new chemicals?

• A) The U.S.regulation requires companies to demonstrate that a chemical is safe before it is produced and distributed.
• B) The EU regulations dealing with premanufacture screening of chemicals follow the precautionary principle.
• C) The EU restrictions on the production of chemicals that have been linked to health problems will have little or no effect on the U.S.chemical exports to the EU.
• D) The European Union requires regulators to show that products or their uses present an unreasonable risk to human health or the environment before they can be regulated or taken off the market.

Identify the characteristics and objectives of managerial accounting.

Recognize the unique reporting needs and practices in managerial accounting versus financial accounting.

Understand the role of vertical and horizontal structures within an organization.

Comprehend the purpose and types of managerial accounting reports.

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Definitions:

Personality

The combination of emotional, attitudinal, and behavioral response patterns of an individual.

Conscientiousness

An attribute of character involving being orderly, dependable, and deeply committed to obligations.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability.

Division Of Labor

The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.