Assuming items in inventory were purchased at different prices, the inventory cost method used affects net income.

Answer the following statement true (T) or false (F)


True

Business

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If cash was incorrectly debited for $100 instead of correctly debiting accounts receivable for $100, assuming no other errors, the trial balance will balance.

Answer the following statement true (T) or false (F)

Business

Current microcomputers have words of _____ and 64 bits.

A. 16 B. 24 C. 32 D. 48

Business

One sign that a company may be recognizing sales too early is that it has unusually large amounts of ______________________________

Fill in the blank(s) with correct word

Business

Lean uses JIT and reorganizes many activities so that they are performed within the work cells

Indicate whether the statement is true or false

Business