Personal ____ refers to salaries and wages as well as investment income and government payments to individuals.

Fill in the blank(s) with the appropriate word(s).

Ans: Income

Business

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In a manufacturing operation, depreciation of plant equipment should be debited to the Depreciation Expense account

Indicate whether the statement is true or false

Business

Account administration and recovery procedures are examples of ________ safeguards

A) data B) hardware C) human D) software

Business