Codes of Fair Practice Were Part Of

question 85

Multiple Choice

Codes of fair practice were part of:

• A) Federal Deposit Insurance Corporation
• B) Home Owners Loan Corporation
• C) National Recovery Association
• D) Public Works Administration
• E) Workers Progress Administration

---

Definitions:

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that total debits equal total credits.

Account Balances

The amount of money or value contained in an account at a particular moment, reflecting all transactions.

Accrued Revenues

Revenues that have been earned but not yet received in cash or recorded, representing assets on the balance sheet until they are realized.

Fiscal Year

A 12-month period used for financial reporting and budgeting, which may or may not align with the calendar year.