Author Question: When computing an interest or growth rate, the rate will increase with a decrease in future value, ... (Read 92 times)

storky111 · **on:** Jul 10, 2018

When computing an interest or growth rate, the rate will increase with a decrease in future value, holding present value and the number of periods constant.

Indicate whether the statement is true or false

Question 2

The accrual method recognizes revenue at the point of sale and recognizes expenses when incurred.

Indicate whether the statement is true or false