Author Question: The ending balance in the supplies asset accounts is the amount the company has used during the ... (Read 92 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?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

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

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library