The cost of developing a proposal should be added in as a direct expense in the budget for a proposal
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following statements is true?
a. If a debit entry is made to an account in the general journal, the same account will receive a credit entry when the amount is posted to the general ledger. b. If all transactions are correctly posted to the general ledger, the sum of the accounts with debit balances should be equal to the sum of the accounts with credit balances. c. Posting occurs when numbers in the general ledger accounts are transferred to the general journal. d. If the sum of the debit balances equals the sum of the credit balances then there were no mistakes made in the posting process.
"Check all that apply" questions are really dual-choice categorical response questions
Indicate whether the statement is true or false
What is a similarity between a branch office and a subsidiary of a multinational corporation?
A) Both are considered separate legal entities. B) Both have limited liability shields with the parent company. C) Both can be setup in a foreign land to run the parent company's business. D) Both are wholly liable for their torts.
A ________ is the probability of moving from one state to another during one time period
Fill in the blank with correct word.