Multiple Choice
Which of the following statements is false regarding the use of source documents?
A) Checks and deposit slips are the main source documents backing up the bank statement.
B) Retailers may use cash register tapes to recognize sales transactions.
C) Stock certificates provide evidence of being a creditor of the company.
D) Time cards may be used as a source of information to record wages.
Correct Answer:

Verified
Correct Answer:
Verified
Q111: Hesson Properties, Inc.The following transactions occurred during
Q112: According to the historical cost principle, assets
Q113: The conservatism principle is concerned with the
Q114: Which of the following statements is true?<br>A)If
Q115: An entry made to the right side
Q117: Hesson Properties, Inc.The following transactions occurred during
Q118: An abbreviated version of an account, which
Q119: Machinery is purchased on credit. What effect
Q120: The purchase of office supplies from a
Q121: The bookkeeper prepared the following journal entries