Solution-Which use generally accept accounting principles

Which use generally accept accounting principles established

Assignment Help Accounting Basics

Reference no: EM132737596

Problem 1: A characteristic activity of a local public school system that distinguishes it from nongovernmental / not-for-profit organizations, that leads it to use generally accepted accounting principles established by the GASB rather than the FASB, is:

Select one:

A. Benefitting from taxes levied on residents of a community
B. Engaging in exchange transactions
C. Paying owners dividends as a return on their investment
D. Deriving a significant amount of its resources from nonexchange transactions

Reference no: EM132737596

Questions Cloud

How do prepare production cost report using fifo : Kansas Supplies is a manufacturer of plastic parts. Prepare production cost report using FIFO. (Round "Cost per equivalent unit" to 2 decimal places.)

Diagnosis need confirmation with another diagnostic test : Why is a particular test recommended? Does the diagnosis need confirmation with another diagnostic test?

Compute which of the financial statements : Interest on general long-term debt would be recorded as an expenditure in which of the financial statements? Statement of activities.

Issue oral health of americans : Conduct a search for programs at the local, state or federal level that are addressing your chosen issue Oral Health of Americans.

Which use generally accept accounting principles established : Nongovernmental / not-for-profit organizations, that leads it to use generally accepted accounting principles established by the GASB rather than the FASB, is

How the student met the competencies aligned to the course : Students maintained and submitted weekly reflective narratives throughout the course to explore the personal knowledge and skills gained throughout this course.

Find entities are tested on which part of the cpa exam : The reporting package that results from a Single Audit and is filed with the Census Bureau Clearinghouse includes all of the following except

Enhance your logic diagram with a descriptive narrative : Enhance your logic diagram with a descriptive narrative.

How will the note-taking strategy selected help study : How will the note-taking strategy you selected help you study? How does this compare to other note-taking strategies you looked at this week?

User Account

All Pages

Which use generally accept accounting principles established

Reference no: EM132737596

Reference no: EM132737596

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT