The term deferred revenues

Reference no: EM1339208

The term deferred revenues seems out of place in governmental fund accounting. It would seem that a government either has or does not have expendable financial resources as a result of property tax, grant, or other revenue transaction. Furthermore, no similar concept, such as deferred working capital, is used in business accounting. Explain the use of the term deferred revenues in governmental fund accounting.

Reference no: EM1339208

Questions Cloud

Explain osha regulations- proving a violation : Explain OSHA Regulations- Proving a violation and An employee gets injured on the job and believes that the injury was a result of the employer not abiding by Occupational Safety and Health Administration (OSHA) regulations

Lost output resulting from scheduled maintenance : How could production make up for lost output resulting from scheduled maintenance?

Illustrate what is your opinion and brief description about : Illustrate what is your opinion and brief description about the microsoft anti trust case. Need your opinion about the outcomeand if the solution was fair

How enzymes provide energy for the reactions they catalyze : how Enzymes provide energy for the reactions they catalyze

The term deferred revenues : Describe the use of the term deferred revenues in governmental fund accounting.

Elucidate what are outputs at each plant to maximize profit : A monopolist with two plants operates with a marginal revenue of 500-4Q and marginal costs of 4Q for plant 1 and 2Q for plant 2. Elucidate what are outputs at each plant to maximize profits.

What would be the initial rate of reaction : A new enzyme you are studying has a Km of 7.0mM and a kcat of 126 per second. What will be the initial rate of reaction in units mM/min when 9.3 nanometer enzyme is reacted with 2.7 mM substrate. Report your answer in units if mM/min to nearest 1m..

Explain employment law- nlrb : Explain Employment Law- NLRB and what are the elements that an employee must meet to prove discrimination under the NLRA

Success of john calvin : Although Martin Luther was the originator of the Protestant Reformation, a younger man, John Calvin, had an even more far-reaching influence. Describe and explain John Calvin's success.

User Account

All Pages