The income summary account is also called a. the imprest account b. the clearing account c. the ...

Author Question: The income summary account is also called a. the imprest account b. the clearing account c. the ... (Read 150 times)

Destiiny22

Hero Member
Posts: 557

on: Jul 5, 2018

The income summary account is also called
a. the imprest account
b. the clearing account
c. the adjustments account
d. the zero-out account

Question 2

Budgeting helps managers gather information for improving only the budgeted period's performance.

Indicate whether this statement is true or false.

sarahccccc

Sr. Member
Posts: 318

Reply #1 on: Jul 5, 2018

Answer to Question 1

b

Answer to Question 2

Answer: FALSE

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