« previous next »

Author Question: Which of the following is true regarding a statement of cash flows prepared by a government? a. ... (Read 65 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
on: Jul 5, 2018
Which of the following is true regarding a statement of cash flows prepared by a government?
 
  a. the statement of cash flows will be identical to one prepared by a business
  b. the statement of cash flows will be prepared using the indirect method
  c. the statement of cash flows will have no more than three cash flow classifications
  d. the statement of cash flows will be prepared using the direct method

Question 2

It is not necessary to post the closing entries to the general ledger.
 a. True
  b. False
 
   Indicate whether the statement is true or false


britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
When the engine is cold, the coolant flows through the bypass. When the engine is cold, the coolant flows through the bypass.
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ... A diagram showing one of Mendel’s crosses. True-breeding strains of pea plants with smooth and ...
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Carbon fixing adaptations Animation

For a complete list of videos, visit our video library