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Author Question: The accounts payable account is listed in the chart of accounts as an asset. a. True b. False ... (Read 87 times)

dakota nelson

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on: Jul 5, 2018
The accounts payable account is listed in the chart of accounts as an asset.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Which of the following is not a managerial problem associated with expenditures?
 
  A. Misapplication of assets.
  B. Overspending of appropriations.
  C. Misapplication of the availability criterion.
  D. Misallocation or poor allotments of appropriations.


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1_Step_At_ATime

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Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

C


dakota nelson

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  • Posts: 604
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

vickybb89

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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