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Author Question: One similarity between federal government accounting and state and local government accounting in ... (Read 116 times)

tiara099

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on: Jul 5, 2018
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
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Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

F


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