Selective retention is a tendency to remember only those pieces of information with which we already agree

Indicate whether the statement is true or false

T

Business

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If the difference between the Construction in Process and the Billings on Construction in Process account balances is a debit, the difference is reported as a current asset.

a. true b. false

Business

The sole proprietor has all of the following advantages, EXCEPT

A) choice of how to pay federal and local taxes. B) choice of location for the business. C) choice of retirement plan. D) choice of services to be offered. E) choice of product to be sold.

Business