In recording an accounting transaction in a double-entry system
A. the number of debit accounts must equal the number of credit accounts.
B. there must only be two accounts affected by any transaction.
C. there must always be entries made on both sides of the accounting equation.
D. the amount of the debits must equal the amount of the credits.
Answer: D. the amount of the debits must equal the amount of the credits.
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In the United States, the government coordinates most of the economic activity
Indicate whether the statement is true or false
Regarding operating risk exposure, which of the following statements is NOT true?
a. they are more difficult to hedge than transaction risk exposures b. they are easier to forecast than translation risk exposures c. they necessitate more managerial attention and extensive analysis d. only a and b e. all of the above are true