It Is Probable That a Zoning Variance Would Be Granted

question 23

Multiple Choice

It is probable that a zoning variance would be granted:

• A) even though many of the neighboring property owners object.
• B) on the ground of hardship, regardless of whether the landowner created the hardship.
• C) to an outside advertiser to build a billboard that would make the advertiser more money.
• D) when the desired use of the land is in harmony with the general nature of the surrounding areas.

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Definitions:

Closing Entry

Journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts.

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders.

Retained Earnings

The portion of net earnings not paid out as dividends but retained by the company to be reinvested in its core business or to pay debt.

Dividends

Profits distributed to shareholders as a reward for their investment in the company.