An account that is not closed at the end of the period is called a(n) temporary...
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An account that is not closed at the end of the period is called a(n) temporary account expense account revenue account permanent account 0/1 pts All assets that will not be converted to cash or used up within the business's operating cycle or one year, whichever is greater, are called current liabilities current assets fully depreciated assets long-term assets Which of the following is used to see how a company's operating expenses, as a percentage of net sales, have changed from one year to the next? vertical analysis analysis of internal control system ratio analysis horizontal analysis orrect Question 8 Property, plant, and equipment are categorized as current assets long-term investments plant assets short-term investments 0/1 pts An account that is not closed at the end of the period is called a(n) temporary account expense account revenue account permanent account 0/1 pts All assets that will not be converted to cash or used up within the business's operating cycle or one year, whichever is greater, are called current liabilities current assets fully depreciated assets long-term assets Which of the following is used to see how a company's operating expenses, as a percentage of net sales, have changed from one year to the next? vertical analysis analysis of internal control system ratio analysis horizontal analysis orrect Question 8 Property, plant, and equipment are categorized as current assets long-term investments plant assets short-term investments 0/1 pts
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QUWESTION an account that is not closed at the end of the period is called an Permanent account An a... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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