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

Author Question: The initials GAAP stand for a. General Accounting Procedures b. Generally Accepted Plans c. ... (Read 155 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
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
Answer to Question 1

c

Answer to Question 2

D




charchew

  • Member
  • Posts: 579
Reply 2 on: Jul 6, 2018
:D TYSM


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library