This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The presence of a subsidiary ledger requires the presence of a summarizing control account in the ... (Read 133 times)

abern

  • Hero Member
  • *****
  • Posts: 533
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fraziera112

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

Answer: FALSE


abern

  • Member
  • Posts: 533
Reply 2 on: Jul 5, 2018
Wow, this really help

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Successful biological control of leafy spurge. Successful biological control of leafy spurge.
Skin testing. Note the spot labeled H, which is the positive histamine control, and the spot labeled ... Skin testing. Note the spot labeled H, which is the positive histamine control, and the spot labeled ...
Control of Hormone Secretion Control of Hormone Secretion
Control of Respiration Control of Respiration
An analytical procedure requires a solution of chloride ions. How many grams of MgCl2 must be ... An analytical procedure requires a solution of chloride ions. How many grams of MgCl2 must be ...
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ... A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...
Video: Optic Nerve and Optic Disk Animation (Part 2 of 2)

For a complete list of videos, visit our video library