This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the revenues are correctly reported and the gross profit of a company is understated, what is the ... (Read 53 times)

washai

  • Hero Member
  • *****
  • Posts: 523
on: Jul 5, 2018
If the revenues are correctly reported and the gross profit of a company is understated, what is the effect onowner's equity?
 a. understated
  b. overstated
  c. correctly stated
  d. none of these

Question 2

The operations run manual describes user procedures for an application and assists the user in preparing inputs and using outputs.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Christopher

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jul 5, 2018
Answer to Question 1

a

Answer to Question 2

F


washai

  • Member
  • Posts: 523
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Correctly administering and interpreting an intelligence test is a skill that takes many years for ... Correctly administering and interpreting an intelligence test is a skill that takes many years for ...
Which row identifies correctly the excitatory and inhibitory neurons? Select one: Which row identifies correctly the excitatory and inhibitory neurons? Select one:
Victims of police-reported intimate partner violence 2017 to 2018 Victims of police-reported intimate partner violence 2017 to 2018
The rates of police reported sexual offences The rates of police reported sexual offences
An organizational specialist is hired as a consultant to a company planning to open a coffee ... An organizational specialist is hired as a consultant to a company planning to open a coffee ...
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Simple Diffusion - gases and nonpolar compounds transport

For a complete list of videos, visit our video library