Author Question: When a company performs an actual count of goods on hand, this is called a a. Physical Inventory ... (Read 103 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
When a company performs an actual count of goods on hand, this is called a
 a. Physical Inventory
   b. Inventory Shrinkage
   c. Inventory Count
   d. Inventory Take

Question 2

A deficit unreserved fund balance was reported in a city Capital Projects Fund balance sheet. Which of the following explanations for the deficit is not plausible?
 
  a. The city financed a substantial portion of the project in the previous year.
  b. The city financed current year expenditures by issuing bond anticipation notes that are not general long-term liabilities.
  c. The city entered into a two-year construction contract. Transfers from the General Fund will be made each year to cover actual expenditures.
  d. All of the above are plausible explanations



diana chang

  • Sr. Member
  • ****
  • Posts: 288
Answer to Question 1

a

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library