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NEW QUESTION 25
Bank cut-off statements should be requested for 10-15 days after the closing date of the balance sheet.

A. FalseB. True

Answer: B

 

NEW QUESTION 26
According to accounting principles, ________ and ________ should be recorded or atched in the same accounting period; failing to do so violates the matching principle of AAP.

A. Revenue and Income statementB. Capitalized expenses and LiabilitiesC. Revenue and corresponding expensesD. Income statement and Long-term contracts

Answer: C

 

NEW QUESTION 27
__________ can be defined as conduct detrimental to the organization and to the employee.

A. Employee fraudB. All of the aboveC. Employee theftD. Employee deviance

Answer: D

 

NEW QUESTION 28
Which of the following is one of the categories on the statement of cash flows?

A. Cash flows from investing activitiesB. Cash flows from revenue activitiesC. Cash flows from supply chain activitiesD. Cash flows from strategic activities

Answer: B

 

NEW QUESTION 29
......

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