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Hint: If a journal entry contains a revenue or expense account, the entry will affect net income. True / False Question: When employees EXERCISE THEIR
Hint: If a journal entry contains a revenue or expense account, the entry will affect net income.
TrueFalse Question: When employees EXERCISE THEIR STOCK OPTIONS, the company's journal entry to record this transaction will cause its reported 'Net Income' to decrease.
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True
False
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