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Author Question: If the perpetual inventory system is used, an account called Cost of Goods Sold id included in the ... (Read 196 times)

Caiter2013

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on: Jul 6, 2018
If the perpetual inventory system is used, an account called Cost of Goods Sold id included in the general ledger.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Which of the following is not considered a fiduciary fund?
 
  a. Agency Fund
  b. Investment Trust Fund
  c. Permanent Fund
  d. Private-purpose Trust Fund
  e. Pension Trust Fund


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Ahernandez18

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Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

C


Caiter2013

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Reply #2 on: Jul 6, 2018
Thank you


Ahernandez18

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Reply #3 on: Jul 6, 2018
No problemo


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