Purchase of capital assets by government colleges and universities engaged only in business would be reported as:

a. Expenditures.
b. Transfers to capital assets.
c. Reclassifications.
d. Does not change total net assets.

D

Business

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With proper planning, there is no limit to how many tourists can visit any location

a. true b. false

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The Equal Credit Opportunity Act allows a creditor to deny credit based on a person's age

Indicate whether the statement is true or false.

Business