Cash flows are affected by financial planning decisions. Which of the following is not correct?

Which of these statements about a journal is false?

A. It contains only revenue and expense accounts. B. It provides a chronological record of transactions. C. It helps to locate errors because the debit and credit amounts for each entry can be readily compared. D. It discloses the complete effect of a transaction in one place.

In coding a questionnaire, a "check all that apply" question is simply a special case of a "yes" or "no" question, so use a "1" (="yes") and "0" (="no") coding system. You will want to

Indicate whether the statement is true or false