Asset accounts are temporary accounts

Indicate whether the statement is true or false.

Answer: FALSE

Business

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Income from continuing operations includes ________

A) extraordinary losses but not extraordinary gains B) gains and losses from discontinued operations C) the taking of company assets by a foreign government D) losses due to labor strikes

Business

Which automaker currently has a joint venture with Hindustan Motors (India)?

A) Volkswagen B) Ford C) GM D) Renault E) Mazda

Business