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For Each Passage, Choose the Appropriate Letter to Identify the Author's

question 5

Multiple Choice

For each passage, choose the appropriate letter to identify the author's tone. Caricatures have been used to poke fun at political leaders for hundreds of years, yet their impact is not what it used to be.In the fifteenth century, Leonardo da Vinci created what was called a "charged portrait" by including warts when he drew sketches of the rich and powerful.The portraits were meant as an implicit criticism of corrupt behavior.Often, they found their mark, eliciting howls of rage from those depicted.In the nineteenth century, artists like Thomas Nast and Frederick Opper published their unflattering cartoon exagger-ations of corrupt and inept leaders in magazines and newspapers.These critical portraits helped incite the public's anger against those leaders and ultimately forced many of them out of office.By the twentieth century, though, politicians seemed to have become immune to caricatures, so much so that many of them actually collected the cartoons in which they were portrayed.U.S.President Lyndon Johnson, for example, liked seeing caricatures of himself and would put his favorites on view for reporters.During the 1960s and 1970s, artists who hoped to affect political and social opinion were often disappointed to find that their drawings seemed to have little public impact.
(Source of information: Steven Heller, "A President Can Never Be Accused of a Lack of Caricature," The New York Times, June 11, 2001, p.16.)

Definitions:

Goodwill

The excess value of the purchase price over the fair market value of the assets acquired and liabilities assumed in a business combination.

Recoverable Amount

The higher of an asset's fair value less costs to sell and its value in use. It's the estimated amount an entity can obtain from an asset's use or sale, covering its carrying amount.

Carrying Amount

The value at which an asset is recognized on the balance sheet after deducting accumulated depreciation and impairment charges.

Cost Method

An accounting method used to record investments in which the investment is recorded at cost and dividends are recognized as income.