Discrimination in housing is prohibited by
a. federal law.
b. state law.
c. both state and federal laws.
d. neither state nor federal laws.
Answer: c. both state and federal laws.
Business
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Interest earned on a note receivable was not recorded.
a. Assets and owner's equity overstated b. Assets and owner's equity understated c. Assets overstated and owner's equity understated d. Assets understated and owner's equity overstated e. Liabilities and owner's equity overstated
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All else being equal, investments with longer payback periods are preferable
Indicate whether the statement is true or false
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