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Author Question: By ignoring and not posting the adjusting journal entries to the appropriate accounts, net income ... (Read 72 times)

mia

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  • Posts: 564
on: Jul 5, 2018
By ignoring and not posting the adjusting journal entries to the appropriate accounts, net income will always be overstated.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

It is usually difficult to find good cause-and-effect relationships between ________ and a cost allocation base.
 
  A) unit-level costs
  B) batch-level costs
  C) product-sustaining costs
  D) facility-sustaining costs


brittanywood

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  • Posts: 355
Reply #1 on: Jul 5, 2018
Answer to Question 1

False

Answer to Question 2

Answer: D


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