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Author Question: The data flows in a logical data flow diagram (DFD) show: a. how the data are transmitted b. where ... (Read 389 times)

cool

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on: Jul 5, 2018
The data flows in a logical data flow diagram (DFD) show:
 a. how the data are transmitted
  b. where the data are transmitted
  c. the nature of the data being transmitted
  d. who transmits the data

Question 2

A city borrows 800,000 in January because it does not receive property taxes until May. It borrows on a tax anticipation note, which it will repay in May, when the taxes are collected.
 
  How would the city classify the note if it were to prepare financial statements on March 31?
   a. as an other financing source
   b. as a liability
   c. as a revenue
   d. as a direct increase in equity


iman

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Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

b


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