This topic contains a solution. Click here to go to the answer

Author Question: The presence of a subsidiary ledger requires the presence of a summarizing control account in the ... (Read 198 times)

abern

  • Hero Member
  • *****
  • Posts: 533
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
Answer to Question 1

True

Answer to Question 2

Answer: FALSE




abern

  • Member
  • Posts: 533
Reply 2 on: Jul 5, 2018
Gracias!


  • Member
  • Posts:
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

For a complete list of videos, visit our video library