When debits equal credits for a transaction, the accounting ...

[lidoalex]

When debits equal credits for a transaction, the accounting equation is in balance.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Managers implementing ABC systems for the first time always start by analyzing budgeted costs to identify activity-cost pools.
 
  Indicate whether this statement is true or false.

[nathang24]

Answer to Question 1

True

Answer to Question 2

Answer: FALSE

[lidoalex]

Thanks for the timely response, appreciate it

[Bigfoot1984]

Great answer, keep it coming