The general ledger uses a chart of accounts that lists only those transactions which are liabilities

Indicate whether the statement is true or false


FALSE

Business

You might also like to view...

Secret profits obtained by a director or officer cannot be recovered by a corporation.

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

Business

In a(n) ________ culture, people tend to subordinate their personal goals to those of a stable community

A) collectivist B) individualist C) democratic D) demographic E) ethnocentric

Business

When faced with uncertain conditions it is always best to sign long-term contracts (because they are typically cheaper) and avoid all flexible capacity (because it is more expensive)

Indicate whether the statement is true or false.

Business

A system has 5 servers. Customers arrive at a rate of 6 per hour and service time is 20 minutes. What is the system utilization?

A) .83 B) .40 C) .50 D) 20

Business