Net fixed assets represent the difference between gross fixed assets and accumulated depreciation of fixed assets

Indicate whether the statement is true or false


TRUE

Business

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The amount of interest due on notes and bonds payable owed by the company is adjusted by

a. debiting Interest Payable and crediting Cost of Goods Sold. b. debiting Interest Payable and crediting Interest Expense. c. debiting Interest Expense and crediting Interest Payable. d. debiting Interest Expense and crediting Cost of Goods Sold.

Business

Quality of a service is not dependent on the customer's perceptions of the physical evidences

Indicate whether the statement is true or false

Business

Purchase decision making usually begins with information search and then moves to evaluation of alternatives

Indicate whether the statement is true or false

Business

Action plans to enable organizations to reach their objectives are known as ________________.

What will be an ideal response?

Business