Author Question: If a government forecloses on property because of unpaid taxes in the General Fund, which of the ... (Read 55 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
If a government forecloses on property because of unpaid taxes in the General Fund, which of the following funds and/or accounts would most likely be affected by the transaction?
 
  A. General Fund only.
  B. General Capital Assets accounts only.
  C. General Fund and General Capital Assets accounts.
  D. General Capital Assets and General Long-Term Liabilities accounts.

Question 2

The three steps in decision making take place in the sequence of (1) intelligence (2) design (3) choice.
  Indicate whether the statement is true or false



paavo

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

C

Answer to Question 2

T



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

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?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library