For a firm using the indirect method, changes in inventories due to acquisition of another company are not included as part of the inventory adjustment to accrual-basis income.
Answer the following statement true (T) or false (F)
True
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Computer operators should have access to all of the following types of documentation except
a. a list of users who receive output b. a program code listing c. a list of all master files used in the system d. a list of required hardware devices
To avoid translation errors, the experienced advertising manager will use
A. a common language such as English, Mandarin, or French. B. local translators. C. both local and home-country translators in teams. D. back translation.
Two ratios that provide insight on the relationship between credit sales and receivables are:
A. Average days to collect receivables and asset turnover. B. Accounts receivable turnover and current ratio. C. Current ratio and inventory turnover ratio. D. Accounts receivable turnover and average days to collect receivables.
For most business documents, body text size should be 8 to 10 points.
Answer the following statement true (T) or false (F)