Author Question: An Internal Service Fund had investments with an original cost of 100,000 . As of the end of the ... (Read 74 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
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

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

B

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

For a complete list of videos, visit our video library