Encumbrance accounts need not be closed at year-end if the government is required or intends to honor the encumbrances outstanding at year-end.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Typically, the only credit to the retained earnings account for a corporation is
a. the initial investment of all owners. b. net income of the period. c. net loss of the period. d. any withdrawal by the owners.
A partnership does not have limited liability
Indicate whether the statement is true or false
Many companies use ethnically specific themes in their mainstream marketing strategy because marketers have realized that insights gleaned from ethnic consumers can influence their broader markets
This type of marketing is known as ________ marketing. A) cross-cultural B) buzz C) social network D) word-of-mouth E) life-style
________ or smart tag technology helps companies locate a product's exact position within its supply chain
A) RFID B) PRM C) VMS D) BCODE E) 3PL