Author Question: An Internal Service Fund had investments with an original cost of 100,000 . As of the end of the ... (Read 57 times)

D2AR0N

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An Internal Service Fund had investments with an original cost of 100,000 . As of the end of the fiscal year, the fair market value on these investments was 85,000 . The Internal Service Fund would
 
  A. Report expenses of 15,000.
  B. Report a reduction of revenue of 15,000.
  C. Not adjust the value of the investments reported on the balance sheet.
  D. Report a loss on investments of 15,000.

Question 2

The successive subdivision, or exploding, of logical data flow diagrams (DFDs) is called bottom up partitioning.
  Indicate whether the statement is true or false



k.lashomb

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Answer to Question 1

B

Answer to Question 2

F



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