Of the three cost reduction methods typically used, reverse engineering tears down the competitors' products to discover more design features that create cost reductions

Which of the following is a true statement regarding the recording of a transaction which involves foreign currency?

A) A transaction is always settled in the currency in which it is denominated. B) A transaction is always measured in the currency in which it is denominated. C) A transaction is always settled in the currency in which it is measured. D) A transaction is always recorded in the currency in which it is denominated.

An example of a test for completeness in the revenue cycle includes the sampling of shipping documents and tracing them to the sales journal and general ledger

a. True b. False Indicate whether the statement is true or false