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Author Question: Examining a transaction or event to determine its fundamental significance to the business so that ... (Read 1227 times)

silviawilliams41

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on: Jul 5, 2018
Examining a transaction or event to determine its fundamental significance to the business so that the relevant information may be properly processed is called
 a. recording.
   b. analyzing.
   c. classifying.
   d. interpreting.

Question 2

Which of the following financial accounting elements is not common to both the governmental funds and the governmental activities function in the government-wide financial statements?
 
  A. Cash.
  B. Short-term liabilities.
  C. Deferred inflows.
  D. Capital assets.


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carolinefletcherr

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

b

Answer to Question 2

D


silviawilliams41

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Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

amandalm

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Reply 3 on: Yesterday
Excellent

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