Author Question: Accounts reported on the balance sheet that are carried forward from year to year are known as ... (Read 83 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?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

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.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

For a complete list of videos, visit our video library