All of the following are guidelines for grouping activities in a level 0 DFD except:
a. group activities if they occur in the same place and at the same time
b. group activities if they occur at different times in the same place
c. group activities if they occur at the same time but in different places
d. group activities that seem to be logically related
Question 2
If a Self-Insurance Internal Service Fund pays claims of 5,000 during the month, the fund will report
A. Expenses of 5,000.
B. Transfers out of 5,000.
C. Nonoperating expenses of 5,000.
D. A decrease in prepaid assets of 5,000.