A Weakness of ___?____ Is That Firms Can Increase or Decrease

question 146

Multiple Choice

A weakness of ___?____ is that firms can increase or decrease net income by choosing to sell particular investments with net unrealized gains or unrealized losses.

• A)the available-for-sale approach
• B)the trading-securities approach
• C)both the available-for-sale and trading-securities approaches
• D)neither the available-for-sale and trading-securities approaches

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Definitions:

Progressive Era

A period of widespread social activism and political reform in the United States from the 1890s to the 1920s, aimed at eliminating problems caused by industrialization, urbanization, immigration, and political corruption.

Booker T. Washington

Booker T. Washington was an influential African American educator, author, orator, and advisor to presidents of the United States in the late 19th and early 20th centuries, who advocated for African American advancement through education and entrepreneurship.

W.E.B DuBois

An American sociologist, historian, and civil rights activist who was a leading figure in the fight for African American rights and co-founder of the NAACP.

Jack Johnson

Jack Johnson was the first African American world heavyweight boxing champion, known for his groundbreaking career and challenges to racial barriers in the early 20th century.