Which of the following statements regarding revenue subsidiary ledgers is false?
A. The number of revenue subsidiary ledgers necessary is at the discretion of management.
B. The number of revenue subsidiary ledgers used is limited by the number of broad revenue categories (e.g., taxes, licenses and permits, intergovernmental) that a governmental entity reports.
C. Entries to revenue subsidiary ledgers may be made at any time during a fiscal period.
D. Revenue subsidiary ledgers are never required.
B
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Which Act gave the Environmental Protection Agency the authority to manage hazardous waste from "from cradle to grave"?
a) The Resource Conservation and Recovery Act b) The Toxic Substances Control Act c) The Comprehensive Environmental Response, Compensation, and Liability Act d) The Federal Water Pollution Control Act
AnuU, Inc., sold 100,000 shares of the 1,000,000 shares it is allowed to sell. AnuU repurchased 10,000 of these shares. The number of shares issued equals ______ shares.
a. 100000 b. 200000 c. 300000 d. 400000