Author Question: _ is a processeffected by an entity's board of directors, management, and ... (Read 55 times)

plus1 · **on:** Jul 5, 2018

____________ _____________ is a processeffected by an entity's board of directors, management, and other personneldesigned to provide reasonable assurance regarding achieving objectives in the following categories: efficiency and effectiveness of operations, reliability of reporting, and compliance with applicable laws and regulations.
Fill in the blank(s) with correct word

Question 2

In governmental funds, governments must accrue interest on

a. general long-term liabilities.
b. general long-term liabilities, if the interest is paid in the first 60 days after year end.
c. short-term debt of the fund.
d. short-term debt of the fund, if the interest is paid in the first 60 days after year end.