Author Question: In a DBMS, a complete description of the configuration of record types, data items and the ... (Read 114 times)

B · **on:** Jul 5, 2018

In a DBMS, a complete description of the configuration of record types, data items and the relationships among them is known as:
a. query language
b. Subschema
c. Schema
d. DML

Question 2

(Conceptual problem regarding the use of Proprietary Funds)

State whether the following are true or false. For the false items, explain why they are false.

a. Enterprise Funds are used only when all services are provided to non-governmental entities, and Internal Service Funds are used only when all services are provided to governmental agencies that are a part of the reporting government.
b. Enterprise Funds use the economic resources measurement focus and full accrual basis of accounting only when they want to compute the costs of services; otherwise, they use the current financial resources measurement focus and modified accrual basis of accounting.
c. The primary activities of the State Office of General Services and the State Parks Department are financed from General Fund appropriations. The former department also operates a governmental motor pool and the latter operates a public swimming pool. Because their primary activities are financed from the General Fund, they may not under any circumstances account for other activities in proprietary funds.
d. An Enterprise Fund must be used whenever a government charges fees to external users for goods or services.

pallen55 · **Reply #1 on:** Jul 5, 2018

Answer to Question 1

C

Answer to Question 2

All of these statements are false.
a. To justify use of an Internal Service Fund, the reporting government must be the predominant participant in the activity, but an Internal Service Fund could make some sales to other governments. Similarly, a key aspect of the use of Enterprise Funds is the presence of external customers, but some sales could be made to the reporting entity itself.
b. Enterprise funds always use the economic resources measurement focus and the full accrual basis of accounting.
c. An individual agency within a government may use several types of funds, depending on the nature of the activities they perform. If particular activities meet the criteria for using Internal Service Funds or Enterprise Funds, those fund types must be used.
d. Enterprise Funds may be used to report an activity for which a fee is charged to external users, but they are not required to be used unless certain specific criteria are met. For example, an Enterprise Fund need not be used when an activity charges incidental fees such as inspection fees or admissions fees. Enterprise Funds must be used when certain other criteria are met; for example, when the activity is financed with debt secured solely by a pledge of the net revenues from the fees charged by the activity.