When an asset is purchased during the year, it is not necessary to record depreciation expense in the first year under the straight line method.

Lenders must report detailed information about loan transactions and demographic information concerning borrowers. Which of the following laws creates that reporting requirement?

a. HMDA b. RESPA c. TILA d. Gramm-Leach-Bliley Act

An example of a goal statement expressed positively is "I will reduce negativity in my department this upcoming year by as much as 25 percent."

Indicate whether the statement is true or false.