Question 66

Accounting records are designed to be kept on subjective rather than objective evidence.
  • Question 67

    ________ decrease assets and expenses and/or increase liabilities and/or equity
  • Question 68

    When an incorrect total is carried from the journal to the ledger or from ledger to the financial statements, this method is called:
  • Question 69

    CORRECT TEXT
    One of the simplest ways to justify unacceptable conduct and avoid guilt feelings is to invent a good reason for ________.

    Question 70

    Which of the following is not the skimming scheme?