To follow are a series of statements about financial statement formatting. Using the general formatting guidelines, indicate whether each statement is true or false.

To follow are a series of statements about financial statement formatting. Using the general formatting guidelines, indicate whether each statement is true or false. 7. Dollar signs should normally only be used in each cell containing the first number in each column, each subtotal number, and each total number. 8. Numbers in a financial statement can have a different number of decimal places displayed as long as the number of decimal places displayed is consistent within each row (i.e., one row of numbers could display with one decimal place, while another row could display with two decimal places.) 9. Column headings should be centered and wrapped to fit the column width. 10. Financial statement headings should be left iustified