An adjusting entry can never be an asset exchange transaction.

Answer the following statement true (T) or false (F)


True

This is true. An adjusting entry always involves either a revenue or expense account, and can therefore never be an asset exchange transaction.

Business

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What are the three major theoretical approaches to reward administration?

What will be an ideal response?

Business

Olivia is writing her goals for her team for the next year. She looks back over the goals from the last year and the company's goals for this year to craft the goals. This first step of performance management is

A. identifying the improvements needed. B. developing employee goals, behavior, and actions to achieve outcomes. C. identifying performance outcomes for company divisions and departments. D. providing consequences for performance results. E. providing support and ongoing performance discussions.

Business

Which of the following are the recommended percentage groupings of the ABC classifications of the dollar volume of products?

A. A items get 25 percent, B items get 15 percent, and C items get 60 percent. B. A items get 15 percent, B items get 45 percent, and C items get 40 percent. C. A items get 15 percent, B items get 35 percent, and C items get 50 percent. D. A items get 20 percent, B items get 30 percent, and C items get 50 percent. E. A items get 25 percent, B items get 35 percent, and C items get 40 percent.

Business

Residual values in a regression model can be positive or negative

Indicate whether the statement is true or false

Business