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

Author Question: Assume that a government has three nonmajor Enterprise Funds. Which of the following statements ... (Read 78 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
on: Jul 5, 2018
Assume that a government has three nonmajor Enterprise Funds. Which of the following statements regarding the reporting requirements in a CAFR is false?
 
  A. Nonmajor funds are notreported on an Enterprise Fund statement of cash flows.
  B. Even if the funds are nonmajor, the government may choose to declare them as major funds and report each in a separate column on the appropriate fund statements.
  C. The CAFR must include combining financial statements for any nonmajor fund columns that include more than one fund.
  D. Nonmajor funds are reported in the aggregate on all proprietary fund financial statements.

Question 2

Batch mode is the data processing mode in which there is little or no delay between any two data processing steps.
  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

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

F


daltonest1984

  • Member
  • Posts: 536
Reply 2 on: Jul 5, 2018
Wow, this really help

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Ratings of Perceived Contradictions in Political Statements Ratings of Perceived Contradictions in Political Statements
Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ... Analysts expect Virtucon to make payouts of $8.7643B at the end of this year. Assume that all ...
An archaeological sample contains 0.700 g of lead-206 and 2.144 g of uranium-238. Assume that ... An archaeological sample contains 0.700 g of lead-206 and 2.144 g of uranium-238. Assume that ...
Video: Knee Animation

For a complete list of videos, visit our video library