The year-end entry to adjust factory supplies includes a debit to the factory overhead account

Indicate whether the statement is true or false


T

Business

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Which of the following statements is correct?

A. Data dictionaries are used to track remote dependencies. B. Remote dependencies are checked at compile time. C. Data dictionaries do not track remote dependencies. D. If an object on one database is changed, any remote program units that use or depend on that object is immediately changed to an INVALID status.

Business

A copyright can be used to protect sculptures or blueprints. 

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

Business

Assume that the indirect method is used to determine net cash provided by (used in) operating activities and that Prepaid Insurance decreased during the year. That decrease is added to net income because:

A. a decrease in Prepaid Insurance causes an increase in Insurance Expense and a decrease in net income, but it does not involve cash so it is added back to net income. B. it accounts for purchasing more insurance during the period than has been expensed. C. the company paid additional premiums this period in excess of the Insurance Expense recorded on the income statement. D. it includes the impact of increasing cash and increasing net income.

Business

An extremely critical group cannot collaborate effectively

Indicate whether the statement is true or false

Business