The GASB does not require supplementary information to be reported with its financial statements even if it is essential to establish appropriate context for the financial statements and notes.
Answer the following statement true (T) or false (F)
False
Occasionally, the GASB determines that additional information is necessary to provide context and understanding of information in the statements or notes. In such cases, the GASB requires the presentation of required supplementary information (RSI).
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Answer the following statements true (T) or false (F)
1.Tina is afraid, in her work relationships, of not having control, so she grabs the reins of power, thus she is an autocrat. 2.People who are underpersonal do their best to keep relationships superficial, while those who are overpersonal try to increase their closeness to others. 3.Because Sheila is willing to give or take orders depending on the situation, she would be known as personal. 4.People call Brad democratic. Brad would be democratic because he is at ease sharing both close and distant relationships. 5.By comparing how we react with how friends and family members react, we become more comfortable and gain a greater sense of emotional stability.
Which account balance is not used to compute the cost of merchandise sold?
a. Purchases Discounts; b. Purchases Returns and Allowances; c. Merchandise Inventory; d. Purchases; e. Sales.
Which Excel command will return all modes when more than one mode exists? ?
A. MODE.MULT B. MODE.SNGL C. MODE D. MODES
Replacement parts for machinery are examples of ______.
A. direct material purchases B. indirect material purchases C. centralized purchases D. decentralized purchases