The effect of recording depreciation for the year is a(n)
a. decrease in assets and a decrease in net income.
b. decrease in assets but no change in owners' equity.
c. increase in assets and an increase in net income.
d. decrease in net income and no change in assets.
a
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Which of the following federal statutes requires creditors to disclose finance charges, including interest, points, and other fees paid?
A) Fair Debt Collection Practices Act B) Consumer Financial Protection Act of 2010 C) Mortgage Reform and Anti-Predatory Lending Act of 2010 D) Truth-in-Lending Act
An individual selling previously issued shares to another individual is a transaction that would be traded in the primary market
Indicate whether this statement is true or false.
Which state is not a community property state?
a. Arizona. b. Texas. c. New Mexico d. Virginia e. None of the above.
In the context of the specific environment of an organization, identify a difference between the public communications approach and a media advocacy approach.
a. The public communications approach can force organizations to change their practices, whereas a media advocacy approach cannot force organizations to change their practices. b. The public communications approach is much more aggressive than a media advocacy approach. c. The public communications approach relies on voluntary participation by the advertising industry to send out an advocacy group's message, whereas a media advocacy approach involves framing a group's concerns as public issues. d. The public communications approach creates controversies that are likely to receive extensive news coverage, whereas a media advocacy approach relies on discretionary participation by the news media.