Author Question: All of the following are components of relevance except: a. feedback value b. predictive value c. ... (Read 116 times)

jessicacav · **on:** Jul 5, 2018

All of the following are components of relevance except:
a. feedback value
b. predictive value
c. verifiability
d. timeliness

Question 2

A local industry donated one of its properties to the local school district. The school district plans to convert it to needed classroom space. In the year of the donation, the transaction will affect

A. The government-wide statements only.
B. The General Fund and General Capital Assets accounts.
C. The General Fund, the General Capital Assets accounts, and the government-wide financial statements.
D. The General Capital Assets accounts and the government-wide financial statements.