On the Statement of Cash Flows, Investing Activities affect only non-current asset accounts.

	True
	False

The cost basis of accounting states that assets and liabilities should be recorded at their cost not only when originally acquired, but also during the time the entity holds them.

	True
	False

If a journal entry is posted twice, this error will be discovered by preparing a trial balance.

	True
	False

A debit increases an account and a credit decreases an account.

	True
	False