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Author Question: The local school board received a bequest of 1,000,000 to establish a scholarship fund for ... (Read 44 times)

JMatthes

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on: Jul 5, 2018
The local school board received a bequest of 1,000,000 to establish a scholarship fund for graduating students. The scholarship is accounted for in a Private-Purpose Trust Fund. The fund would report
 
  a. additions of 1,000,000
  b. revenues of 1,000,000
  c. a transfer of 1,000,000
  d. accounts payable of 1,000,000

Question 2

A system that consists of an integrated set of computer-based and manual components established to collect, store, and manage data and to provide output information to users is a(n)
 a. output
  b. ERP
  c. database
  d. information system


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phuda

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

A

Answer to Question 2

D


JMatthes

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review

ricroger

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Reply 3 on: Yesterday
Excellent

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