This topic contains a solution. Click here to go to the answer

Author Question: What is the disposition of the earnings of a Permanent Fund? a. The earnings remain indefinitely ... (Read 149 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
What is the disposition of the earnings of a Permanent Fund?
 
  a. The earnings remain indefinitely in a permanent fund.
  b. The earnings are used only for non-governmental programs.
  c. The earnings are used for programs that benefit the government or its citizens.
  d. The earnings must be used for permanent projects, such as bridges.

Question 2

The income statement and statement of owner's equity provide information covering a period of time.
 a. True
   b. False
   Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Anonymous

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

c

Answer to Question 2

True





 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

For a complete list of videos, visit our video library