For service organizations, activity-based cost systems may be ...

[Davideckstein7]

For service organizations, activity-based cost systems may be used to clarify appropriate cost assignments.
 
  Indicate whether this statement is true or false.

Question 2

The balance sheet reports assets, liabilities, and owner's equity on a specific date.
 a. True
   b. False
   Indicate whether the statement is true or false

[Galvarado142]

Answer to Question 1

Answer: TRUE

Answer to Question 2

True

[Davideckstein7]

Thanks for the timely response, appreciate it

[miss.ashley]

Excellent