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Author Question: Fixed assets are often estimated incorrectly by the percent of sales method because A) fixed ... (Read 115 times)

s.tung

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Fixed assets are often estimated incorrectly by the percent of sales method because
 
  A) fixed assets are typically purchased in lumps and therefore do not increase proportionally
  with sales.
  B) fixed assets remain constant and the percent of sales method assumes all assets increase
  proportionally with sales.
  C) fixed assets are part of the capital budgeting process.
  D) fixed asset are very expensive.

Question 2

Lockbox arrangements may reduce mail float, processing float, and transit float.
 
  Indicate whether the statement is true or false


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huda

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s.tung

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Reply 2 on: Jul 10, 2018
Excellent


cici

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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