ACCT105 Week 2 Quiz.2.docx - ACCT105 Week 2 Quiz Return to Assessment List Part 1 of 1 100.0 100.0 Points Question 1 of 10 10.0 10.0 Points Horizontal

ACCT105 Week 2 Quiz.2.docx - ACCT105 Week 2 Quiz Return to...

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ACCT105 Week 2 Quiz Return to Assessment List Part 1 of 1 - 100.0/ 100.0 Points Question 1 of 1010.0/ 10.0 PointsHorizontal analysis shows the percentage that each item in a financial statement is of some significant total such as total assets or sales. A. TrueB. FalseAnswer Key:False Question 2 of 1010.0/ 10.0 PointsWhich of the following statements about the accounting equation is not true?
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Question 3 of 1010.0/ 10.0 PointsOne of the purposes of a ledger account is to record the complete effect of a transaction in one place.
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