Which of the following is a key reason for using business-type accounting to account for proprietary fund activities? a. the modified accrual basis of accounting captures all the resources and obligations associated with an activity. b. depreciation is not recognized in business-type accounting in governments and surveys of statement users indicate that information on depreciation is not of high priority to governmental decision makers. c. the measurement focus on all economic resources is more consistent with the gasb’s objectives that financial reporting should provide information to determine whether current-year revenues were sufficient to pay for current-year services. d. business-type accounting facilitates comparisons with governmental activities.
Answers: 2
Business, 22.06.2019 02:40, TerronRice
Which critical success factor improves with reduced cycle time, better quality standards, and improved efficiency when an is is implemented?
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Business, 22.06.2019 10:50, dbhuggybearow6jng
Melissa is a very generous single woman. before this year, she had given over $11,400,000 in taxable gifts over the years and has completely exhausted her applicable credit amount. in the current year, melissa gave her daughter riley $100,000 and promptly filed her gift tax return. melissa did not make any other gifts this year. how much gift tax must riley pay the irs because of this transaction?
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Business, 22.06.2019 17:10, alexwlodko
Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?
Answers: 1
Business, 23.06.2019 00:00, dezmondpowell
Which of the following statements is true about an atm card?
Answers: 1
Which of the following is a key reason for using business-type accounting to account for proprietary...
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