The first step in the flow of accounting data is the preparation of source documents.

a. true
b. false

Answer: b. false

Business

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Which element of a contract is met by a bargained-for exchange?

a. Agreement b. Consideration c. Capacity d. Legality

Business

Although the ASEAN member countries are geographically close, they have historically been divided in many respects

Indicate whether the statement is true or false

Business