Once an accounting system has been implemented, feedback will be ...

[kwoodring]

Once an accounting system has been implemented, feedback will be used to continuously analyze and improve thesystem.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Which of the following is a characteristic of a Permanent Fund?
 
  a. both the corpus of the fund and its earnings must be kept intact permanently.
  b. permanent funds are created to support programs that benefit other governmental units.
  c. earnings of a permanent fund are used to support programs that benefit the government or its citizens.
  d. permanent Funds are established when a government receives a bequest without a legal trust agreement.

[Liddy]

Answer to Question 1

True

Answer to Question 2

c

[kwoodring]

Excellent

[tkempin]

Thanks for the timely response, appreciate it