At the time petty cash funds are disbursed, a journal entry should be made, debiting the appropriate asset or expense account.
Answer the following statement true (T) or false (F)
False
No journal entry is made in the accounting records when petty cash funds are disbursed. The effects on the financial statements are recorded only when the petty cash fund is replenished.
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If the same sampling procedures are used in each country, the results should be comparable
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
There is a tendency for overproduction in unregulated markets.
Early leadership theories were based on the Great Leader theory of leadership. This approach focused on studying
a. core personality traits that separated leaders from non-leaders b. family background factors such as inherited wealth, titles, and noble rank that allowed leaders like Julius Caesar to become famous c. great historical events such as wars that thrust people into leadership positions that made them famous d. training programs for teaching leadership
Public service advertising (PSA) represents a form of sales promotion.
Answer the following statement true (T) or false (F)