Author Question: A perpetual inventory system is an effective means of control over inventory. a. True b. False ... (Read 79 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
A perpetual inventory system is an effective means of control over inventory.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Prepaid insurance is ________.
 
  A) an accrual
  B) a deferral
  C) insurance expense
  D) a liability



softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

True

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

For a complete list of videos, visit our video library