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Author Question: If a governmental entity has a blended component unit, the note disclosures should include all of ... (Read 67 times)

penguins

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on: Jul 5, 2018
If a governmental entity has a blended component unit, the note disclosures should include all of the following except
 
  A. How the component unit met the blending criteria.
  B. A statement that identifies the component units as a being blended.
  C. How to access separately issued external financial statements.
  D. The number of component unit governing board members.

Question 2

Number of setups and number of components are identified as activity-cost drivers for overhead. Assuming an activity-based costing system is used, what is the total amount of overhead costs assigned to the deluxe model?
 
  A) 84,400
  B) 83,200
  C) 82,600
  D) 80,800


tmlewis4706

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

D

Answer to Question 2

Answer: B


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