Author Question: The ending balance in the supplies asset accounts is the amount the company has used during the ... (Read 63 times)

aabwk4

  • Hero Member
  • *****
  • Posts: 593
The ending balance in the supplies asset accounts is the amount the company has used during the reporting period.
  Indicate whether the statement is true or false

Question 2

Which of the following valuation approaches employs the time value of money?
 
  A) asset approach
  B) liabilities approach
  C) market approach
  D) income approach



mceravolo

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

F

Answer to Question 2

D
Explanation: D) The income approach employs the time value of money.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

For a complete list of videos, visit our video library