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1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Federal loans are from _____.

the U.S. government

private banks

nonprofit organizations

state governments

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Understand the context of the question: Federal loans are financial aid provided to students to help cover educational expenses. They are typically associated with government programs.

Identify the key term 'Federal loans' and recognize that these loans are administered by the U.S. government, not private banks, nonprofit organizations, or state governments.

Recall that federal loans include programs such as Direct Subsidized Loans, Direct Unsubsidized Loans, and PLUS Loans, all of which are funded by the U.S. Department of Education.

Eliminate incorrect options: Private banks, nonprofit organizations, and state governments may offer other types of loans or financial aid, but they are not the source of federal loans.

Conclude that the correct answer is 'the U.S. government,' as federal loans are specifically provided by the federal government to support students in their educational pursuits.