« previous next »

Author Question: How should component units be displayed in government-wide financial statements? a. Component ... (Read 157 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?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

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?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Electron micrograph of pre-rRNA transcription units from the nucleolus of a frog Electron micrograph of pre-rRNA transcription units from the nucleolus of a frog
Applying the FITT Principle to Each Exercise Component of Health-Related Physical Fitness Applying the FITT Principle to Each Exercise Component of Health-Related Physical Fitness
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ... An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library