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Author Question: Which item below would not be a quality of financial reporting issue related to the balance sheet? ... (Read 54 times)

JGIBBSON

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on: Jul 6, 2018
Which item below would not be a quality of financial reporting issue related to the balance sheet?
 
  a. Mismatching the type of debt (short or long-term) used to finance assets.
  b. Discretionary expenses.
  c. Overvaluation of assets.
  d. Off-balance sheet financing.

Question 2

A business should make all payments by check, including payment from the Petty Cash Fund.
 a. True
   b. False
   Indicate whether the statement is true or false


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Sophiapenny

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

b

Answer to Question 2

False


JGIBBSON

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Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

LegendaryAnswers

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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