Freedom of Expression,diversity of Perspective,and Tolerance of Dissent Are Important

question 32

Multiple Choice

Freedom of expression,diversity of perspective,and tolerance of dissent are important:

• A)because we have a right to our own opinions.
• B)if it helps us form counter-arguments against people with whom we disagree.
• C)to gaining an understanding of events and issues from many perspectives.
• D)to our ability to identify nonconformists.
• E)when it supports our most important values and beliefs.

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Definitions:

Sarbanes-Oxley Act

A U.S. federal law that aims to protect investors by making corporate disclosures more reliable and accurate.

Compensating Balance

A minimum bank account balance that a borrower is required to maintain as a condition for some forms of loans or line of credit.

Petty Cash Fund

A small amount of cash kept on hand to pay for minor, incidental expenses of a business, recorded as a current asset on the balance sheet.

Cash Short

A situation where the actual cash on hand is less than the recorded amount in the accounting records, often resulting in a discrepancy during reconciliation.