Unpaid expenses may be included as an expense on the income statement

Indicate whether the statement is true or false.

TRUE

Business

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A builder gives a real estate broker verbal permission to find buyers for his new homes. Can the broker advertise the properties?

A. Yes, only the consent of the owner is required. B. Yes, provided the builder's trade name is included in the advertisement. C. No, the broker must have written permission of the owner and said permission has a definite date of expiration. D. No, new home sales can only be advertised by the builder

Business

The record log is a record of the essential data for each transaction that has been processed against the database

Indicate whether the statement is true or false

Business