Multiple Choice
Technology:
A) Reduces the time, effort and cost of recordkeeping.
B) In accounting is only available to large corporations.
C) Has not improved the clerical accuracy of accounting.
D) Has replaced accounting.
E) In accounting has replaced the need for decision makers.
Correct Answer:
Verified
Correct Answer:
Verified
Q115: The business entity assumption:<br>A) Presumes that the
Q116: Net income is sometimes called earnings or
Q117: The first section of the income statement
Q118: Congress passed the _ to help curb
Q119: Accounts payable appear on which of the
Q121: U.S. government bonds are:<br>A) Low-risk and high-return
Q122: If a company uses $1,300 of its
Q123: A company acquires equipment for $75,000 cash.
Q124: An exchange of value between two entities
Q125: The Financial Accounting Standards Board is the