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Author Question: A city's police department receives goods from an Internal Service Fund. To record this transaction ... (Read 29 times)

ts19998

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  • Posts: 531
on: Jul 5, 2018
A city's police department receives goods from an Internal Service Fund. To record this transaction the city should record a credit to what account in the General Fund?
 
  a. Due to the Internal Service Fund
  b. Advance from the Internal Service Fund
  c. Vouchers payable
  d. Reserve fund balance

Question 2

____ improves the decision maker's capacity to predict, confirm, or correct earlier expectations
 a. Understandability
  b. Feedback value
  c. Neutrality
  d. Comparability


leahchrapun

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  • Posts: 332
Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

B


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