A good system of internal control requires that the physical custody of assets be separated from the accounting for those assets. This concept is known as safeguarding assets and records. A. True B. False

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Asavings account that pays interest every 3 months is said to have a interest period

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.