_____ Is a Nongovernmental, U

question 29

Multiple Choice

_____ is a nongovernmental, U.S.-based watchdog and advocacy organization for democracy founded in 1941.

• A) Freedom House
• B) The Heritage Foundation
• C) The Red Cross
• D) Orange One

---

Definitions:

Land Purchase

The acquisition of land, an asset, for the purposes of business operation, investment, or development.

Straight-Line Method

A method of calculating depreciation of an asset, where the cost is evenly spread over its useful life.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, which may not coincide with the calendar year.

Straight-Line Depreciation

A way of assigning the cost of a concrete asset over its operational life in homogeneous yearly amounts.