Author Question: Accounts reported on the balance sheet that are carried forward from year to year are known as ... (Read 78 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
Accounts reported on the balance sheet that are carried forward from year to year are known as permanent accounts.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

A well-designed, activity-based cost system helps managers make better decisions because information derived from an ABC analysis ________.
 
  A) can be used to eliminate nonvalue-added activities
  B) is easy to analyze and interpret
  C) takes the choices and judgment challenges away from the managers
  D) emphasizes how managers can achieve higher sales



Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

True

Answer to Question 2

Answer: A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

For a complete list of videos, visit our video library