The conceptual framework that the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (ASB) are attempting to converge and enhance includes the following broad areas to guide standard setting except:. A) Qualitative characteristics
B) Objectives Elements
C) Recognition and measurement
D) Uniformity

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

In most states, a licensee must provide a(n) of any existing agency relationships to all parties

Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods