« previous next »

Author Question: While certain distinctive problems may arise in keeping the accounts of any specific enterprise, the ... (Read 38 times)

JGIBBSON

  • Hero Member
  • *****
  • Posts: 538
on: Jul 5, 2018
While certain distinctive problems may arise in keeping the accounts of any specific enterprise, the principles of accounting on the cash basis are generally the same.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

What is the reporting requirement for the fund balance section of the governmental funds balance sheet?
 
  a. governmental fund balances should be reported in a single amount
  b. governmental fund balances should be segregated in three components: invested in capital assets, net of related debt; restricted; and unrestricted
  c. governmental fund balances should be segregated between reserved and unreserved amounts
  d. governmental fund balances should be segregated in five components: nonspendable, restricted, committed, assigned and unassigned


Sammyo

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Meiosis Accounts for the Segregation of Alleles p2 Meiosis Accounts for the Segregation of Alleles p2
Muscle fibers consist of single, elongated, multinucleated cells that arise from the fusion Muscle fibers consist of single, elongated, multinucleated cells that arise from the fusion
Example of calculation of days in accounts receivable (AR). Example of calculation of days in accounts receivable (AR).
Selected Pediatric Drugs for Which Specific Indications and Dosage Guidelines Exist Selected Pediatric Drugs for Which Specific Indications and Dosage Guidelines Exist
An example of the key features of pesticide labels. The EPA requires the inclusion of specific ... An example of the key features of pesticide labels. The EPA requires the inclusion of specific ...
Allele-specific oligonucleotide (ASO) testing for the -globin gene and sickle-cell anemia Allele-specific oligonucleotide (ASO) testing for the -globin gene and sickle-cell anemia
Video: Oxygen transport: association and dissociation & Factors that affect hemoglobin's saturation with O2

For a complete list of videos, visit our video library