Author Question: The amount of profit made or loss sustained by an organization can be found on its balance sheet. ... (Read 33 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528

The amount of profit made or loss sustained by an organization can be found on its balance
  sheet.


 
  Indicate whether the statement is true or false.

Question 2

The listing of an organization's assets and liabilities at a particular point in time can usually
  be found in its profit and loss statement.


 
  Indicate whether the statement is true or false.



Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

F

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

For a complete list of videos, visit our video library