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

Author Question: The presence of a subsidiary ledger requires the presence of a summarizing control account in the ... (Read 194 times)

abern

  • Hero Member
  • *****
  • Posts: 533
on: Jul 5, 2018
The presence of a subsidiary ledger requires the presence of a summarizing control account in the general ledger.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

The possibility of exchange rate fluctuations does NOT influence the budgeting procedures in a multinational corporation.
 
  Indicate whether this 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

fraziera112

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

Answer: FALSE


abern

  • Member
  • Posts: 533
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Cervical cancer (a) Top view of the uterus showing the presence of a tumor in the wall of the cervix Cervical cancer (a) Top view of the uterus showing the presence of a tumor in the wall of the cervix
Action of Satiety Signals on Hypothalamic Neurons Involved in Control of Hunger and Satiety Action of Satiety Signals on Hypothalamic Neurons Involved in Control of Hunger and Satiety
The schematic of a variable valve timing control circuit, showing that battery power (+) is being ... The schematic of a variable valve timing control circuit, showing that battery power (+) is being ...
Wind, solar, biomass, and geothermal power account for less than 1% of global power generation Wind, solar, biomass, and geothermal power account for less than 1% of global power generation
Control of Respiration Control of Respiration
A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ... A promissory note for $600.OO dated January 15, 2017. requires an interest payment of $120 00 ...
Video: Automated external defibrillator (AED)

For a complete list of videos, visit our video library