Accounting process begins and ends with people making decisions . YES SEC sets i

Question

Accounting process begins and ends with people making decisions . YES SEC sets international financial reporting. YES Business records of a sole proprietorship should include the proprietor's personal finance. YES Under current accounting rules, the carrying value of a building can be increased to its fair value. YES Net income is the profit left over after subtracting expenses and losses from revenues and gains. YES A corporation must pay dividends every year. YES Income statement measures operating performance. YES YES or NO Can someone check and correct me if I am wrong?

Explanation / Answer

Yups...You are correct...carry on...:)

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---