This topic contains a solution. Click here to go to the answer

Author Question: A governmental fund budgetary comparison statement or schedule should A. Be prepared on the same ... (Read 112 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
A governmental fund budgetary comparison statement or schedule should
 
  A. Be prepared on the same basis the budget was enacted.
  B. Always be prepared on a GAAP basis.
  C. Always be prepared on a cash basis.
  D. Be prepared only for the General Fund.

Question 2

Even when a trial balance is in balance, there may be errors in the individual accounts.
 a. True
  b. False
 
   Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

A

Answer to Question 2

True




aloop

  • Sr. Member
  • ****
  • Posts: 315

 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

For a complete list of videos, visit our video library