This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Generally accepted accounting principles are procedures and guidelines to be followed in the ... (Read 68 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
on: Jul 5, 2018
Generally accepted accounting principles are procedures and guidelines to be followed in the accounting/reporting process.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

A special tax has been levied by the city council in a formal vote. This new revenue source has been set aside for debt service purposes. This revenue source would most likely impact
 
  A. Restricted fund balance.
  B. Committed fund balance.
  C. Assigned fund balance.
  D. Unassigned fund balance.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

B


Davideckstein7

  • Member
  • Posts: 555
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Dietary Guidelines Dietary Guidelines
Blood Pressure Guidelines Blood Pressure Guidelines
Procedures and Diagnostic Tests Related to the Ear Procedures and Diagnostic Tests Related to the Ear
Common Oral Lesions/Conditions Associated with HIV Infections and Treatment Guidelines Common Oral Lesions/Conditions Associated with HIV Infections and Treatment Guidelines
Guidelines for Safe Use of Thermo- Hydrotherapy Facilities: Whirlpool, Shower, Steam Room, and Sauna Guidelines for Safe Use of Thermo- Hydrotherapy Facilities: Whirlpool, Shower, Steam Room, and Sauna
MANAGEMENT ACCOUNTING MANAGEMENT ACCOUNTING
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library