Author Question: A perpetual inventory system is an effective means of control over inventory. a. True b. False ... (Read 140 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?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

For a complete list of videos, visit our video library