Mariano is looking for a location for his firm. He really likes a location on Elm Street, but he is concerned that his costs will rise each year. Mariano is likely considering _____________ the Elm Street location

In a process costing system, a department's total production costs incurred in a particular period must equal the total costs transferred out of the department

Indicate whether the statement is true or false

Delayed recognition of revenue is appropriate if the sale does not represent substantial completion of the earnings process.

a. true b. false