Favorable and unfavorable variances are netted together in the same way debits and credits are

Indicate whether the statement is true or false

TRUE

Business

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A chart of accounts is a list of all of a company's accounts with their account numbers.

a. true b. false

Business

In which of the following cases does an easement by prescription arise?

A) The state acquires a person's property through condemnation. B) A power company enters into a written agreement to lay cables under one's front yard. C) A neighborhood family openly uses another's back yard as a short cut to the beach every day for 25 years. D) A person leases out his garage for the purpose of storing furniture.

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