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

Author Question: A governmental fund budgetary comparison statement or schedule should A. Be prepared on the same ... (Read 60 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
A governmental fund budgetary comparison statement or schedule should
 
  A. Be prepared on the same basis the budget was enacted.
  B. Always be prepared on a GAAP basis.
  C. Always be prepared on a cash basis.
  D. Be prepared only for the General Fund.

Question 2

Even when a trial balance is in balance, there may be errors in the individual accounts.
 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

aloop

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

A

Answer to Question 2

True




aloop

  • Sr. Member
  • ****
  • Posts: 315

 

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?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

For a complete list of videos, visit our video library