The trial balance is an internal document used only by employees of the company.

a. true
b. false

Answer: a. true

Business

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Which use of common components in a variety of products has been a very effective supply chain strategy to exploit aggregation and reduce component inventories?

A) Information centralization B) Specialization C) Product substitution D) Component commonality

Business

For investing assets reported at fair value, companies disclose information to enable users to assess the fair value estimates and reasonableness of assumptions made in determining fair value. How is this accomplished?

What will be an ideal response?

Business