To understand accounting information, users must be familiar with the accounting conventions, or rules of thumb, used in preparing financial statements

Which of the following is accurate regarding the rise of antagonistic groups?

A. New groups that focused on consumer, environmental, taxpayer, civil rights, and other issues were on the rise. B. Corporations continued dominating Washington politics with quiet, behind-the-scenes influence over key leaders. C. The public interest movement's focus is now on legislation, not on forms of civil regulation. D. The power in Washington, D.C. started becoming more centralized.

When a company receives interest revenue on a bond, total stockholders' equity remains unchanged

Indicate whether the statement is true or false