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Author Question: The income summary account is also called a. the imprest account b. the clearing account c. the ... (Read 113 times)

Destiiny22

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on: Jul 5, 2018
The income summary account is also called
 a. the imprest account
  b. the clearing account
  c. the adjustments account
  d. the zero-out account

Question 2

Budgeting helps managers gather information for improving only the budgeted period's performance.
 
  Indicate whether this statement is true or false.


sarahccccc

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Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

Answer: FALSE


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