The American Recovery and Reinvestment Act of 2009 ____

question 7

Multiple Choice

The American Recovery and Reinvestment Act of 2009 ____.

• A) allowed corporations to stretch out depreciation on capital assets
• B) exempted healthcare corporation bonds from federal taxes on interest
• C) provided funds for computerization of healthcare records
• D) provided tax credits to for-profit hospitals that refurbished their buildings

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Definitions:

Auditor's Opinion

An assessment provided by an external auditor regarding the accuracy and completeness of a company's financial statements.

Annual Reports

Corporate documents that give a comprehensive summary of a company’s activities and financial performance over the preceding year.

SEC Statement

A financial disclosure or report mandated by the Securities and Exchange Commission for public companies to provide information to investors.

Auditor's Report

A formal opinion issued by an auditor based on an audit of a company's financial statements, attesting to their accuracy.