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Author Question: Budgets are used to ________. A) increase the book value of its assets B) communicate with ... (Read 56 times)

jrubin

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on: Jul 5, 2018
Budgets are used to ________.
 
  A) increase the book value of its assets
  B) communicate with external stakeholders
  C) calculate the income tax liability
  D) formulate company strategies

Question 2

A cash payment on a loan affects which of the following accounts?
 a. Cash and Accounts Receivable
   b. Cash and Notes Payable
   c. Cash and an expense account
   d. Cash and a revenue account


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Hikerman221

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

Answer: D

Answer to Question 2

b


jrubin

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

bigsis44

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

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