False QUESTION 11 A work sheet is prepared o a from [date] to [date b for tbe lperiod ended [dae) c at any time in the accounting period d always on December 31 QUESTION 12 The term "FIFOr selates to the merchandive in investory at the end of the accousting period sot to the merchandive sold during the period True False QUESTION 13 s the prmciple that states thst a busimess should use the sase accousting methods from period to period Thes anproves the comparalsing QUESTION 14 If a buseess ues special youmals it does NOT need to lave a general jornal. O True False QUESTION 15 Speczal joumalh eoble a suloitastial tis aings and make for a ce efficiese postng process False QUESTION 16 Aute are made on the work saet for borh begionsing and edg dechandaue Imeury False QUESTION 11 A work sheet is prepared o a from [date] to [date b for tbe lperiod ended [dae) c at any time in the accounting period d always on December 31 QUESTION 12 The term "FIFOr selates to the merchandive in investory at the end of the accousting period sot to the merchandive sold during the period True False QUESTION 13 s the prmciple that states thst a busimess should use the sase accousting methods from period to period Thes anproves the comparalsing QUESTION 14 If a buseess ues special youmals it does NOT need to lave a general jornal. O True False QUESTION 15 Speczal joumalh eoble a suloitastial tis aings and make for a ce efficiese postng process False QUESTION 16 Aute are made on the work saet for borh begionsing and edg dechandaue Imeury