This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The initials GAAP stand for a. General Accounting Procedures b. Generally Accepted Plans c. ... (Read 151 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Jul 6, 2018
The initials GAAP stand for
 a. General Accounting Procedures
  b. Generally Accepted Plans
  c. Generally Accepted Accounting Principles
  d. Generally Accepted Accounting Practices

Question 2

Which of the following is true?
 
  A. A government is required to record each major general government capital project in a separate Capital Projects Fund.
  B. Acquisition or construction of general government capital assets must always be accounted for through a Capital Projects Fund.
  C. A Capital Projects Fund is not required unless a project is financed by issuing bonds.
  D. A Capital Projects Fund may be used to acquire vehicles and equipment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cici

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

D


charchew

  • Member
  • Posts: 579
Reply 2 on: Jul 6, 2018
Thanks for the timely response, appreciate it

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

General representation of the autonomic nervous system. General representation of the autonomic nervous system.
Tunicates in general are pretty weird. Tunicates in general are pretty weird.
Time Estimates for Specific Office Procedures Cont. Time Estimates for Specific Office Procedures Cont.
Procedures and Diagnostic Tests Related to the Endocrine System Procedures and Diagnostic Tests Related to the Endocrine System
Uncover the back down to the waist. Stand at the head to apply lubricant to the back using long ... Uncover the back down to the waist. Stand at the head to apply lubricant to the back using long ...
Accounting Question Accounting Question
Video: Cytotoxic T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library