Author Question: Entries required to close the balances of the temporary accounts at the end of the period are called ... (Read 95 times)

jace

  • Hero Member
  • *****
  • Posts: 541
Entries required to close the balances of the temporary accounts at the end of the period are called final entries.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

The information generated from the accounting system of a governmental-type fund
 
  a. is budget oriented
  b. measures profitability
  c. measures operational efficiency
  d. is intended for use only by legislators



lucas dlamini

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

False

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

For a complete list of videos, visit our video library