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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Knowledge Check 1

Knowledge Check 1

Q • Question 1 0 out of 0.4 points Which of the following statements are correct • Question 2 0.4 out of 0.4 points Which is a correct statement under the accrual method of accounting? • Question 3 0 out of 0.4 points Solvency is the same as profitability • Question 4 0.4 out of 0.4 points Generally accepted accounting principles include • Question 5 0.4 out of 0.4 points The finance department has responsibility for which of the following

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1. C. Both A and B 2.A company recognizes revenue when earned or it consummates a sale 3., False 4.All of the above