Homework Clinic
Social Science Clinic => Accounting => Topic started by: tatyanajohnson on Jul 5, 2018
-
The amount of depreciation taken each period will be the same using the straight-line method.
a. True
b. False
Indicate whether the statement is true or false
Question 2
What information could a financial analyst potentially obtain by reviewing the statement of activities?
a. whether the resources obtained during the year were sufficient to cover the cost of providing services
b. whether services provided were sufficient for the government's constituencies
c. the current financial condition of a government
d. the current status of a government's assets and liabilities
-
Answer to Question 1
True
Answer to Question 2
a