Author Question: By ignoring and not posting the adjusting journal entries to the appropriate accounts, net income ... (Read 128 times)

mia

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By ignoring and not posting the adjusting journal entries to the appropriate accounts, net income will always be overstated.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

It is usually difficult to find good cause-and-effect relationships between ________ and a cost allocation base.
 
  A) unit-level costs
  B) batch-level costs
  C) product-sustaining costs
  D) facility-sustaining costs



brittanywood

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  • Posts: 355
Answer to Question 1

False

Answer to Question 2

Answer: D



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