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Author Question: The presence of a subsidiary ledger requires the presence of a summarizing control account in the ... (Read 179 times)

abern

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on: Jul 5, 2018
The presence of a subsidiary ledger requires the presence of a summarizing control account in the general ledger.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

The possibility of exchange rate fluctuations does NOT influence the budgeting procedures in a multinational corporation.
 
  Indicate whether this statement is true or false.


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fraziera112

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

True

Answer to Question 2

Answer: FALSE


abern

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  • Posts: 533
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

mammy1697

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  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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