Why are general capital assets not recorded in governmental funds?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (15 reviews)
Capital assets are nonfinancial resources They are excluded from government...View the full answer
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Government and Not for Profit Accounting Concepts and Practices
ISBN: 978-1118983270
7th edition
Authors: Michael Granof, Saleha Khumawala, Thad Calabrese, Daniel Smith
Question Posted:
Students also viewed these Accounting questions
-
Why are general capital assets recorded in an off the balance sheet list or schedule, rather than a fund?
-
1. Under GASB standards, which of the following would be considered an example of an intangible asset? a. A lake located on city property. b. Water rights associated with the springs that supply the...
-
Utilizing the CAFR obtained for Exercise 117, answer these questions. a. General and Other Capital Assets: (1) Reporting of Capital Assets. Are capital assets reported as a line-item in the...
-
Who was considered the nemesis of Booker T. Washington in The Awakening of the New Negro and why?
-
Refer to Exhibit 1.5, which shows budgeted versus actual costs. Assume that Carmens Cookies is preparing a budget for the month ending November 30. Management prepares the budget for the month ending...
-
Blue Marlin Company is considering the purchase of new equipment for its factory. It will cost $250,000 and have a $50,000 salvage value in five years. The annual net income from the equipment is...
-
Refer to Googles financial statements in Appendix A to compute its equity ratio as of December 31, 2015, and December 31, 2014. Data From Google Financial Statement Appendix A Google Inc....
-
You would like to start a business manufacturing a unique model of bicycle helmet. In preparation for an interview with the bank to discuss your financing needs, you develop answers to the following...
-
Risk of entry Bargaining power of suppliers Bargaining power of buyers Threat of substitutes Power of complement providers Rivalry among established firms in industry Which of the above forces are...
-
In December 2011, American Greetings closed at $12.51 a share. This was the lowest for the company in the previous 36 months. This has become a concern for management due to the concerning decline in...
-
Charter City issued $100 million of 6 percent, 20year general obligation bonds on January 1, 2017. The bonds were sold to yield 6.2 percent and hence were issued at a discount of $2.27 million (i.e.,...
-
The GASB establishes a hierarchy of inputs to determine the fair values of investments. What are the three levels of the hierarchy?
-
Assume that you are considering purchasing stock as an investment. You have narrowed the choice to CDROM.com and E-shop Stores and have assembled the following data. Selected income statement data...
-
Prepare a SWOT analysis for MR PRICE (South Africa) and three key marketing opportunities for the business.
-
Find the x- and y-intercepts. = |x 9|-2 y=
-
According to The Comic Book History of Comics, the direct market: Group of answer choices A. Made it easier for fans to find specific comic books B. Shifted the financial risk from publisher to...
-
Calculate Premium Calculate a single premium for term life insurance product at age 35. Duration of policy: 5 years; Sum of insured: VND 420 million; Technical interest rate: 6%/year, Operational...
-
What parts of Medicare are managed by Medicare-approved private insurance companies? Group of answer choices Part C and Part D Part B and Part D Part A and Part B Part A and Part C
-
Use MATLAB to calculate a. 6 tan -1 (12.5) + 4 b. 5 tan [3 sin -1 (13/5)] c. 5 ln(7) d. 5 log(7) Check your answers with a calculator.
-
You purchase a bond with a coupon rate of 6.7 percent, a par value $1,000, and a clean price of $905. Assume a par value of $1,000. If the next semiannual coupon payment is due in two months, what is...
-
At the start of its scal year on October 1, Fox County reported the following (all dollar amounts in thousands): Fund balance: Committed for encumbrances . $200 Unassigned ......... 400 Total fund...
-
The Disability Research Institute receives its funding mainly from government grants and private contributions. In turn, it supports research and related projects carried out by universities and...
-
The Disability Research Institute receives its funding mainly from government grants and private contributions. In turn, it supports research and related projects carried out by universities and...
-
A force F is acting on a body as it moves between (0, 0) and (1, 1). If the force is Evaluate the work done when the path is a) Along the line y=x F = (xy)+(x)j b) Along the curve y=x" c) Along the x...
-
Write a well-developed paragraph, summarizing the physical development of the observed 4-year-old child. Students must discuss at least 4 specific objective observations from their time spent...
-
An open cylindrical tank is 150 feet in diameter and 180 feet high.The side surface area of the tank (without top and bottom) should be painted with paint that covers 225 square feet per gallon.When...
Study smarter with the SolutionInn App