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Author Question: The system of accounting where revenues are recorded when they are earned and expenses are recorded ... (Read 128 times)

brutforce

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on: Jul 5, 2018
The system of accounting where revenues are recorded when they are earned and expenses are recorded when they are incurred is called the cash basis of accounting.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

A Pension Trust Fund will be reported in the government-wide financial statements within
 
  A. The governmental activities column.
  B. The business-type activities column.
  C. The discrete component unit presentations.
  D. The Pension Trust Fund is not reported at the government-wide level.


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ryhom

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

False

Answer to Question 2

D


brutforce

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  • Posts: 540
Reply 2 on: Jul 5, 2018
Excellent

LVPMS

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Reply 3 on: Yesterday
:D TYSM

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