« previous next »

Author Question: How should component units be displayed in government-wide financial statements? a. Component ... (Read 115 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jul 5, 2018
How should component units be displayed in government-wide financial statements?
 
  a. Component units should not be reported in government-wide financial statements
  b. All component units should be included either in the column for governmental activities or in the column for business-type activities
  c. Component units should be blended where appropriate; discretely presented component units should be reported in a separate column
  d. All component units should be included with other business-type activities

Question 2

The 10-column work sheet is used to facilitate the preparation of the income statement, the statement of owner's equity, and the balance sheet.
 a. True
   b. False
   Indicate whether the statement is true or false


kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

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?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
Jerry Uelsmann, Untitled (hands component). Jerry Uelsmann, Untitled (hands component).
A single cell wide-band oxygen sensor has four wires with two for the heater and two for the sensor ... A single cell wide-band oxygen sensor has four wires with two for the heater and two for the sensor ...
Patient with DiGeorge syndrome. Note low set ears and wide set downward slanting eyes; often these ... Patient with DiGeorge syndrome. Note low set ears and wide set downward slanting eyes; often these ...
How to convert units of any rate to another (Part 3) How to convert units of any rate to another (Part 3)
Presidential success under unified and divided government, from Eisenhower to trump Presidential success under unified and divided government, from Eisenhower to trump
Video: Neurotransmission at chemical synapses & Excitory and inhibitory potentials

For a complete list of videos, visit our video library