This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An actual count of a stock of goods on hand is called a physical inventory. a. True b. False ... (Read 83 times)

nenivikky

  • Hero Member
  • *****
  • Posts: 516
on: Jul 6, 2018
An actual count of a stock of goods on hand is called a physical inventory.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

The encumbrances method of budgetary reporting
 
  a. is never allowed by GAAP.
  b. never results in an outstanding encumbrance.
  c. is where outstanding encumbrances are considered to be expenditures.
  d. is always required by GAAP.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momo1250

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

C


nenivikky

  • Member
  • Posts: 516
Reply 2 on: Jul 6, 2018
:D TYSM

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

False killer whales False killer whales
Reindeer antlers grow again each year under a layer of fur called velvet. This reindeer is losing th Reindeer antlers grow again each year under a layer of fur called velvet. This reindeer is losing th
A cartoon of “King Andrew the First” shows Jackson standing atop the U.S. Constitution—a scepter in A cartoon of “King Andrew the First” shows Jackson standing atop the U.S. Constitution—a scepter in
Surgical Hand Hygiene/Sterile Scrub Surgical Hand Hygiene/Sterile Scrub
Physical Geography Physical Geography
Video: Interview with Person having Obsessive Compulsive Disorder

For a complete list of videos, visit our video library