This topic contains a solution. Click here to go to the answer

Author Question: Sales returns and allowances is a contra-asset account. Indicate whether the statement is true or ... (Read 144 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
Sales returns and allowances is a contra-asset account.
 
  Indicate whether the statement is true or false

Question 2

Business continuity planning is the process that identifies events that may threaten an organization and provide a framework whereby the organization will continue to operate when the threatened event occurs or resume operations with a minimum of disruption.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cupcake16

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

FALSE

Answer to Question 2

T




Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review


Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

For a complete list of videos, visit our video library