Recording depreciation each period is necessary in accordance with the

A. asset valuation principle
B. matching principle
C. going concern principle
D. cost principle

Ans: B. matching principle

Business

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A sales and operations plan for a manufacturing firm that centers on manufacturing rates and inventory holdings is:

A) a staffing plan. B) a production plan. C) an operations plan. D) a process plan.

Business

Since municipal bond interest is exempt from federal income tax, it is especially beneficial to high-income investors

Indicate whether the statement is true or false.

Business