Author Question: The invoice that is first prepared by the seller is called a sales invoice; the buyer calls the same ... (Read 124 times)

renzo156

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The invoice that is first prepared by the seller is called a sales invoice; the buyer calls the same invoice a purchase order.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Which of the following funds is reported as a governmental fund even though it often is not expendable ?
 
  a. Special Revenue Fund
  b. Capital Projects Fund
  c. Permanent Fund
  d. Pension Trust Fund
  e. All of the above funds are considered to be expendable in nature.



SomethingSomething

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Answer to Question 1

False

Answer to Question 2

C



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