The United States Information Agency ________
A) is part of the Department of Defense
B) was part of the General Accounting Office
C) was created by President Dwight D. Eisenhower
D) has been an arm of the Central Intelligence Agency
C
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Dolan Co. received merchandise on consignment. As of March 31, Dolan had recorded the transaction as a purchase and included the goods in inventory. The effect of this on its financial statements for March 31 would be
a. no effect. b. net income was correct and current assets and current liabilities were overstated. c. net income, current assets, and current liabilities were overstated. d. net income and current liabilities were overstated.
A lifestyle may be defined as a distinctive pattern of living that is described by the activities people engage in, the interests they have, and the opinions they hold of themselves and the world around them (AIOs)
Indicate whether the statement is true or false