An Enterprise Fund incurs 35,000 in interest during the current year related to its outstanding bonds. The 35,000 will be reported as
A. Operating expenses.
B. Non-operating expenses.
C. Other financing uses.
D. Capitalized interest because all interest must be capitalized in an Enterprise fund.
Question 2
Which of the following is considered to be an accrued expense?
a. A computer technician has installed the latest software updates and was paid on the same day.
b. A computer technician has been paid in advance to install software updates as they become available.
c. A computer technician has just signed an agreement with you regarding pricing for future work.
d. A computer technician has installed the latest software updates, but you have not received an invoice or made payment.
The nitrogen cycle. Numbers represent fluxes as 1012 g N per year (data from Schlesinger 1991, after
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