Column 1 Column 2 Column 3 Petty Cash

What will be an ideal response?

Answer:
Column 1 Column 2 Column 3
Petty Cash debit balance sheet none

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The required approach for handling extraordinary items in interim reports is to

A. Prorate them over all four quarters. B. Prorate them over the current and remaining quarters. C. Charge or credit the loss or gain in the quarter that it occurs. D. Disclose them only in the notes.

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While a regular linear programming model has an infinite number of possible solutions, the integer counterpart has:

a. An infinite and identical set of possible solutions. b. An infinite but different set of possible solutions. c. A limited number of possible solutions. d. All of the above are possible solution sets for the integer counterpart of a regular linear programming model.

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