In a double-column method of accounting, the concept of duality means that, for any transaction posted to the general journal (or any special journals), the

A) assets must equal the liabilities
B) cash must equal the liabilities
C) credits must equal the debits
D) fixed operating costs must equal the variable operating costs

C

Business

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The dual values in sensitivity analysis for nonlinear programming models:

a. Change when these values move away from the optimal solution. b. Remain constant within the range between the upper and lower limits. c. Becomeinvalid at the point of the optimal solution. d. None of the above statements are true about the dual values for nonlinear programming models.

Business

An entity class is short-lived and not persistent

Indicate whether the statement is true or false

Business