Question: A) Three. B) Five. C) Four. D)Sx. 160) For a journal entry with only two lines, the following entry is valid: Increase in one revenue,

A) Three. B) Five. C) Four. D)Sx. 160) For a journal entry with only two lines, the following entry is valid: Increase in one revenue, Decrease in another revenue. A) False B) True 161) Separation of duties occurs when two or more people act in coordination to circumvent internal controls. A) False B) True 162) The Trueblood Criterion is used by A) Managers when reporting to the public B) Internal Management reports (Managerial Accounting) C) Accountants D) Managers when reporting to the IRS

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