The Consumer Financial Protection Bureau (CFPB) has authority to supervise all participants in the consumer finance and mortgage area, including depository institutions

The purpose of the attorney-client privilege is to encourage clients to disclose all pertinent information so that they can receive the best possible legal advice.

a. true b. false

Which statement is true concerning gains and losses?

a. Gains and losses are reported on the balance sheet in the Assets and Liabilities sections, respectively. b. Gains and losses are special types of revenues and liabilities that are reported on the income statement. c. The amounts of gains and losses are included in the calculation of the current ratio, in the numerator and denominator, respectively. d. None of these choices.