Notice of a proposed rule may be given by publication in the Federal Register
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True
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In corporate accounting, a distinction is made between paid-in or invested capital and capital resulting from retained earnings
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If a company uses LIFO for annual reporting purposes, it must also use it for interim reporting. This enables external users to accurately compare financial statements
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To credit an account is to enter an amount on the right side of the account
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A ________ creates a long-term relationship in which the supplier promises to resupply the buyer as needed at agreed prices for a set time period
A) blanket contract B) request for proposal C) supplier proposal D) change order E) noncompete clause