1)One of the usual differences between financial and managerial accounting is the time dimension of the information reported.

Select one:

True

False

2)Any unrealized gain or loss on available-for-sale securities is reported on the income statement in the other gain or loss section.

Select one:

True

False

3)Long-term investments in available-for-sale securities are reported at market value on the balance sheet.

Select one:

True

False

4)An indirect benefit of total quality management and just-in-time manufacturing is the improvement in the quality of management and the products and services offered.

Select one:

True

False