Where in the basic financial statements would you find a description of the measurement focus and the
Question:
Where in the basic financial statements would you find a description of the measurement focus and the basis of accounting used in the governmentwide
financial statements?
a. In the statement of net position.
b. In the statement of activities.
c. In MD&A.
d. In the notes to the financial statements.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Advanced Financial Accounting
ISBN: 9781260165111
12th Edition
Authors: Theodore Christensen, David Cottrell, Cassy Budd
Question Posted:
Students also viewed these Business questions
-
Select the correct response to each of the following. 1. The government-wide financial statements use the a. Economic resources measurement focus and the accrual basis of accounting. b. Current...
-
Choose the best answer. 1. Government financial reports should be useful in assessing a governments accountability. Three objectives of government financial reporting identify how financial reporting...
-
Reporting under GASS Statement No. 34 Select the best answer to the following multiple-choice questions 1. Which of the following is true regarding financial reporting under GA53 Statement No. 34? a....
-
Based on your data and observations, what are some of the differences between normal cells and cancer cells?
-
What would be your research hypothesis? What variables would you need to measure to provide data that could test this hypothesis? How would you gather these data?
-
Repeat Prob. 5172 for a copper wire (r =8950 kg/m3 and cp =0.383 kJ/kg C).
-
Mrs. Clarks Foods was an Iowa company engaged in the business of distributing juice beverages. International Suntrade and Miller & Smith Foods were Canadian companies that acted as brokers...
-
Weimar Companys income statement information follows. The average number of shares outstanding was 7,800 for 2011 and 6,900 for 2010. Required Compute the following ratios for Weimar for 2011 and...
-
W (K$) 14 13 Rich 12 11 10 9 8 7 6 5 Poor W (K$) 14 13 12 11 10 9 8 7 6 5 4 16 18 20 22 24 26 28 17 19 21 L 20 22 24 26 23 25 27 (M) 21 23 25 27 29 31 28 30 32 34 36 L 33 35 37 (M) 1. There are two...
-
Where in the financial section of a CAFR would you find an analysis of the balances and transactions of individual funds? a. In the governmentwide financial statements. b. In the fund financial...
-
Which of the following funds can be major assuming they meet the appropriate tests? a. The parking meter special revenue fund and the water utility enterprise fund. b. The fire station capital...
-
Thirty furniture makers in the United States recently asked the U.S. International Trade Commission (ITC) to impose high tariffs on Chinese makers of wooden bedroom furniture for dumping their...
-
Discovery DAC is an Irish owned company specialising in distribution services. It is concerned at the pace of changing legislation and the requirement to invest significant amounts on its equipment...
-
Mr. Trail engaged in a current year transaction generating 50K cash but only 40K taxable income. If marginal tax rate is 40% compute his after tax cash flow from the transaction?
-
+3.60 nC of charge is uniformly distributed along the top half of a thin rod of total length L = 4.30 cm, while -3.60 nC of charge is uniformly distributed along the bottom half of the rod, as shown...
-
2. The following table shows the 90 Day Bank Bill trades for a person in the Capital Markets. Bank Bills Date 02-Sep-13 05-Sep-13 09-Sep-13 10-Sep-13 12-Sep-13 Current Position as at: 13-Sep-13 (a)...
-
If a project has a budgeted cost of $60,000, actual cost of $64,000, and an earned value of work preformed of $50,000, CPI of 0.78 and Total budgeted cost of $95,000 calculate the FCAC assuming that...
-
Find the capacitance of a system of identical capacitors between points A and B shown in (a) Fig. 3.17a; (b) Fig. 3.17b. C3 C2 (6) (a)
-
The baseball player A hits the ball from a height of 3.36 ft with an initial velocity of 34.8 ft/s. 0.14 seconds after the ball is hit, player B who is standing 15 ft away from home plate begins to...
-
Select the correct answer for each of the following questions. 1. On May 1, 20X1, Cathy and Mort formed a partnership and agreed to share profits and losses in the ratio of 3:7, respectively. Cathy...
-
Select the correct answer for each of the following questions. 1. On May 1, 20X1, Cathy and Mort formed a partnership and agreed to share profits and losses in the ratio of 3:7, respectively. Cathy...
-
Select the correct answer for each of the following questions. 1. On May 1, 20X1, Cathy and Mort formed a partnership and agreed to share profits and losses in the ratio of 3:7, respectively. Cathy...
-
Katz establishes that the Fourth Amendment regulates some surveillance beyond physical intrusion. But surveillance is covered? Is the key question whether the surveillance invades shared senses of...
-
A wire of length = 0.65 m is conducting a current of i = 8.5 A toward the top of the page and through a B = 5.0 T uniform magnetic field directed into the page, as shown in the figure. What is the...
-
5. Two charges with the same magnitude of 3microC are located at the corners of a base of an equilateral triangle with the side of 1m. Calculate the electrical field (magnitude and direction and the...
Study smarter with the SolutionInn App