Author Question: Financial ratios are powerful tools due to the fact that standard definitions exist and there is a ... (Read 63 times)

Sportsfan2111 · **on:** Jul 6, 2018

Financial ratios are powerful tools due to the fact that standard definitions exist and there is a set standard that should be met for each ratio.

Indicate whether the statement is true or false

Question 2

If cash amounts to 1,419, excluding the Change Fund, and the cash register tape shows cash sales of 1,425, then Cash Short and Over is credited for 6.
a. True
b. False
Indicate whether the statement is true or false