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

Author Question: In which order are the following developed? First to last: A = Production budget B = Direct ... (Read 76 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
In which order are the following developed? First to last:
 
  A = Production budget
  B = Direct materials costs budget
  C = Budgeted income statement
  D = Revenues budget
  A) ABDC
  B) DABC
  C) DCAB
  D) CABD

Question 2

Closing entries
 a. need not be journalized if adjusting entries are prepared
  b. need not be posted if the financial statements are prepared from the work sheet
  c. are not needed if adjusting entries are prepared
  d. must be journalized and posted



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kthug

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

Answer: B

Answer to Question 2

d





 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

For a complete list of videos, visit our video library