To be considered useful, financial information must be relevant ...

[ENagel]

To be considered useful, financial information must be relevant and reliable.
 
  Indicate whether the statement is true or false

Question 2

Cash receipts of 719 and a cash count of 715 would indicate a cash overage.
 a. True
   b. False
   Indicate whether the statement is true or false

[ynlevi]

Answer to Question 1

TRUE

Answer to Question 2

False

[ENagel]

Excellent

[mcabuhat]

Thanks for the timely response, appreciate it