The equality of debits and credits in a trial balance means that all entries were correctly posted to the accounts
a. True
b. False
Indicate whether the statement is true or false
False
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The wording and ordering of questions is not an important consideration in survey design
Indicate whether the statement is true or false
Which of the following cases would cause the tax liability to be greater than tax expense?
a. Receipt of cash for rent prior to the period in which services are performed. b. Income from long-term construction contracts using the percentage-of-completion approach for financial accounting and the completed-contract approach for income taxes. c. Installment sale income recognized for financial purposes at the time of sale and when cash is collected for taxes. d. Accelerated depreciation for taxes and straight-line depreciation for income taxes.
The integrity of personal information collected by governmental and private agencies is protected by
a. the First Amendment of the U.S. Constitution. b. EEOC guidelines. c. Fair Information Practices (FIP). d. the Electronic Communications Privacy Act.
The concept of independence in context of reliability implies ______.
a. the working or failing of one component does not affect the probability of working or failing of any other component b. the working or failing of one component affects the probability of working or failing of the successive component c. the working or failing of one component affects the probability of working or failing of all components in sequence d. the working or failing of one component does not affect the probability of working or failing of only the preceding component