Author Question: The ending balance in the supplies asset accounts is the amount the company has used during the ... (Read 104 times)

aabwk4

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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

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Answer to Question 1

F

Answer to Question 2

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



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