Who is likely to oppose the death penalty?

A company's accountant capitalized a payment that should have been recorded as a revenue expenditure. How will this error affect the company's financial statements?

A) Net income will be understated. B) Expenses will be overstated. C) Assets will be overstated. D) Liabilities will be overstated.

A waiting line cannot be both multiple-channel and multiple-phase

Indicate whether the statement is true or false.