A(n) _____ is a presentation in which a speaker plans, prepares, and rehearses but does not write everything down

A trial balance can be as informal as an adding machine tape with the account titles penciled in next to the debit and credit amounts

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

Common terminology, but not definitions in U.S. GAAP and IFRS, often refers to the difference between sales and cost of sales as gross margin, gross profit, or gross income

Indicate whether the statement is true or false