Which of the Following Is Not a Provision of the Dodd-Frank

question 13

Multiple Choice

Which of the following is not a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act?

• A)Increases the accountability and transparency of financial institutions
• B)Creates a bureau to educate consumers in financial literacy
• C)Creates an organization to pay the bills of low-income consumers
• D)Create incentives for whistle-blowers to come forward
• E)Increases oversight of the financial industry

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Definitions:

Furniture

Tangible, movable objects intended to support various human activities such as seating, eating, and sleeping, often considered a fixed asset in business accounting.

Fully Depreciated

The status of an asset after its cost has been completely written off over its useful life.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense since the asset was put into use.

Equipment

Tangible assets used in the operation of a business to produce goods or provide services, not intended for sale.