Local laws that cities and towns adopt to regulate land use within their boundaries are called:

Vicki's Dance Studio bills a client for dancing lessons earned during the past week. The journal entry will include a credit to

A. Cash B. Common Stock C. Accounts Receivable D. Service Revenue

Which item below is not a characteristic of an exchange-traded fund?

A) Investors can use margin to buy them. B) Their portfolios are changed frequently in response to market conditions. C) They have very low expense ratios. D) They may be more tax efficient than other types of funds.