« previous next »

Author Question: How should component units be displayed in government-wide financial statements? a. Component ... (Read 70 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?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Jerry Uelsmann, Untitled (tree component). Jerry Uelsmann, Untitled (tree component).
Some IAC units are purchased with the housing as shown. Carbon buildup in these passages can cause ... Some IAC units are purchased with the housing as shown. Carbon buildup in these passages can cause ...
How to convert units of any rate to another (Part 2) How to convert units of any rate to another (Part 2)
How to convert between imperial and metric units (Part 3) How to convert between imperial and metric units (Part 3)
Financial Management: Core Concepts Financial Management: Core Concepts
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library