Exhibit 12

question 63

Multiple Choice

Exhibit 12.2 displayed results of a 2010 Gallup poll on honesty and ethics.Which of the following groups ranked the very lowest in honesty and ethics?

• A) Nurses
• B) Teacher
• C) Lobbyists
• D) Business executives

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Definitions:

Proprietorship

A business owned by a single individual who is responsible for its assets and liabilities.

Personal Assets

Items of value owned by an individual, including cash, real estate, investments, and personal property.

Accounting Records

Documentation and books involved in preparing financial statements, including ledgers, journals, and other evidence of transactions.

Allowance For Doubtful Accounts

A contra asset account on a company's balance sheet that represents the estimated portion of accounts receivable that may not be collectible.