Author Question: One similarity between federal government accounting and state and local government accounting in ... (Read 149 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
One similarity between federal government accounting and state and local government accounting in governmental-type funds is that placing an order causes the recording of a budgetary entry, while receipt of the supplies ordered causes both a
 
  budgetary and a financial accounting entry
 
 
 Indicate whether the statement is true or false

Question 2

A relation in an ER model is the same as an entity in the REA model.
  Indicate whether the statement is true or false



Kdiggy

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

True

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

For a complete list of videos, visit our video library