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Question : 61.With respect to the preparation of fund basis financial statements, : 1255410

Accounting

 

61.With respect to the preparation of fund basis financial statements, governmental funds other than the General Fund are considered to be major when which of the following conditions exist?

A)With respect to fund basis financial statements, governmental funds are considered to be a major fund when total assets, liabilities, revenues, or expenditures of that individual governmental fund constitutes 10% of the total for the governmental fund category.

B)With respect to fund basis financial statements. governmental funds are considered to be a major fund when total assets, liabilities, revenues, or expenditures of that individual governmental or enterprise fund are 5% of the total of the governmental and enterprise categories, combined.

C)Both A and B are required for a governmental fund to be a major fund.

D)Either A or B would fulfill the requirements.

62.With respect to the preparation of fund basis financial statements, governmental funds other than the major fund are considered to be major when which of the following conditions exist?

A)With respect to fund basis financial statements, governmental funds are considered to be a major fund when total assets, liabilities, revenues, or expenditures of the individual governmental fund under consideration constitutes 25% of the total for the governmental fund category.

B)With respect to fund basis financial statements, governmental funds are considered to be a major fund when total assets, liabilities, revenues, or expenditures of individual governmental or enterprise fund under consideration are 15% of the total of the governmental and enterprise categories, combined.

C)Both A and B are required for a governmental fund to be a major fund.

D)Neither A nor B are correct.

63.Which of the following statements is false?

A)With respect to fund basis financial statements, a government may designate any fund to be a major fund if reporting that fund separately would be useful.

B)When preparing fund basis financial statements, any funds not reported separately are aggregated and reported in a single column under the label non-major funds.

C)When preparing fund basis financial statements, any funds not reported separately are reported by function.

D)In addition to the government-wide statements, governments are required to prepare fund financial statements for governmental, proprietary and fiduciary funds.

64.Governmental fund statements are prepared using:

A)Economic resources measurement focus and modified accrual basis of accounting.

B)Current financial resources measurement focus and modified accrual basis of accounting.

C)Economic resources measurement focus and accrual basis of accounting.

D)Current financial resources measurement focus and accrual basis of accounting.

65.The total fund balances presented in Governmental Funds Statements are different from the total net assets on the government-wide Statement of Net assets. Which of the following is not a reason for this difference?

A)The two statements have different bases of accounting

B)Capital assets used in government operations are not financial resources and therefore are not reported in the funds

C)Some liabilities are not due and payable in the current period and are not reported in fund liabilities

D)Accrued Wages Payable at year end are reported on the statement of net assets but are not reported in the fund statements

66.Which of the following is true regarding GASB’s definition of the financial reporting entity?

A)The financial reporting entity might include a primary government, component units, joint ventures, or a jointly governed organization.

B)Primary governments may be general-purpose governments (such as states, cities, and counties) or special-purpose governments that have separately elected governing bodies, are legally separate and are fiscally independent of other state or local governments.

C)Blending is used to incorporate component units when those component units are, in substance, part of the primary government.

D)All of the above are true.

67.Which of the following is true regarding the financial reporting entity of a state or local government?

A)Many component units are discretely presented, rather than blended.

B)A school district could never be a primary government.

C)Only a primary government is reported in the government-wide statements.

D)All of the above are true.

68.Which of the following is true regarding the composition of the Comprehensive Annual Financial Report (CAFR)?

A)The CAFR is required in order to be in conformity with Generally Accepted Accounting Principles (GAAP).

B)The CAFR is to include both blended and discretely presented component units.

C)The CAFR contains four major sections:  introductory, financial, supplementary, and statistical.

D)All of the above are true.

69.Which of the following is true regarding Management’s Discussion and Analysis (MD&A)?

A)MD&A is not considered part of Required Supplementary Information (RSI).

B)MD&A takes the place of footnotes.

C)MD&A should present an analysis of significant variations between the original and final budget.

D)All of the above are true.

70.Under GASB rules for the financial reporting entity:

A)component units are included if the primary government is financially accountable for their operations.

B)counties are component units of the State Government.

C)blended and discretely presented component units are to be reported in government-wide financial statements but not in fund financial statements.

D)component units must be reported in columns (discrete presentation) separate from the funds of a primary government.

 

 

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July 1, 2023
    

This assessment will have three parts: Part A, Part B, and Part C. They should be submitted together as one assignment, and you will receive one grade for all three parts. Please be sure that all parts of the assignment are present so that you can receive the maximum credit available.

Part A—Original: Please include the original draft of your assignment for comparison.

Part B—Reflection: You were asked to choose a piece of your writing from your efolio that you would like to develop further. Now, you are going to take some time to reflect upon your reasons for choosing that piece. What is it about that selection that grabs your attention? Is it the subject matter? Is it because you have a real-world connection to it? Maybe it is simply because you liked the way you worded it. Whatever the reason, take a few minutes to reflect on why you chose this piece and what your plans are for developing it further.

Part C—Revision: Use the checklist from before to go through the essay you have chosen. Look at each of the areas and closely examine how your essay fits into each. Then, use the added knowledge you have now to revise your essay into a stronger piece. Be sure to develop your thoughts by adding support from the various texts you have read in this learning path. Your revised essay will be graded by your instructor in conjunction with your reflection from Part B.

 

 

part A:

 

Monsters in Our Midst, Assignment 04

Please be sure to copy and paste the complete assignment instructions at the top of every assignment.  Thank you.

Ivy Zhang

july3

 

Dear Heorohulf, 

This is Gerogar your cousin.I am writing this letter to you so that someone will know about the things that had happened to in the my village.  The people of the village had heard stories of the demon creature. The monster had escaped it its banishment and is now plaguing this the village. The monster is named Grendel, and he is evil.  Please work on using more complex-compound sentences.

 

When Grendel reappeared most of us could not believe the stories of the creature. They took place outside of the town in a region that no one ever visited.  Grendel is was coming to attacks the village . The other night Grendel attacked a company of the best guards while they were asleep. He killed many of them and took thirty of there bodies back to his liar were we assume they were his feast. The tragedy that falls on us does not stop at this one night. Ivy, is your grammar check enabled?  I see green squiggly underlines everywhere—do not ignore these.  The computer is trying to tell you that you have an error.  If you right click on the word, it will even give you a suggestion.  Stopped editing here—too many errors.

The fear in this country is great while we wait for Grendel's next coming. Our leader has sent word to a foreign land and requested the aid of Beowulf. If he fails to get here in time everything might be destroyed and everyone  will be killed. 

Cousin, I can not spend anymore time on this letter . I wish that I  have made this longer so we could discuss more. Please Remember this village is songs as being brave and not just a village wiped out by monsters. I hope that we will see each other again soon. 

Your cousins, 

Gerogar

Ivy, who is your supervisor?  I would suggest sitting down with your supervisor to go over each of your assignments because you need a lot of help with grammar.  Reading is also excellent for helping with grammar.

 

default image
July 1, 2023
    

This assessment will have three parts: Part A, Part B, and Part C. They should be submitted together as one assignment, and you will receive one grade for all three parts. Please be sure that all parts of the assignment are present so that you can receive the maximum credit available.

Part A—Original: Please include the original draft of your assignment for comparison.

Part B—Reflection: You were asked to choose a piece of your writing from your efolio that you would like to develop further. Now, you are going to take some time to reflect upon your reasons for choosing that piece. What is it about that selection that grabs your attention? Is it the subject matter? Is it because you have a real-world connection to it? Maybe it is simply because you liked the way you worded it. Whatever the reason, take a few minutes to reflect on why you chose this piece and what your plans are for developing it further.

Part C—Revision: Use the checklist from before to go through the essay you have chosen. Look at each of the areas and closely examine how your essay fits into each. Then, use the added knowledge you have now to revise your essay into a stronger piece. Be sure to develop your thoughts by adding support from the various texts you have read in this learning path. Your revised essay will be graded by your instructor in conjunction with your reflection from Part B.

 

 

part A:

 

Monsters in Our Midst, Assignment 04

Please be sure to copy and paste the complete assignment instructions at the top of every assignment.  Thank you.

Ivy Zhang

july3

 

Dear Heorohulf, 

This is Gerogar your cousin.I am writing this letter to you so that someone will know about the things that had happened to in the my village.  The people of the village had heard stories of the demon creature. The monster had escaped it its banishment and is now plaguing this the village. The monster is named Grendel, and he is evil.  Please work on using more complex-compound sentences.

 

When Grendel reappeared most of us could not believe the stories of the creature. They took place outside of the town in a region that no one ever visited.  Grendel is was coming to attacks the village . The other night Grendel attacked a company of the best guards while they were asleep. He killed many of them and took thirty of there bodies back to his liar were we assume they were his feast. The tragedy that falls on us does not stop at this one night. Ivy, is your grammar check enabled?  I see green squiggly underlines everywhere—do not ignore these.  The computer is trying to tell you that you have an error.  If you right click on the word, it will even give you a suggestion.  Stopped editing here—too many errors.

The fear in this country is great while we wait for Grendel's next coming. Our leader has sent word to a foreign land and requested the aid of Beowulf. If he fails to get here in time everything might be destroyed and everyone  will be killed. 

Cousin, I can not spend anymore time on this letter . I wish that I  have made this longer so we could discuss more. Please Remember this village is songs as being brave and not just a village wiped out by monsters. I hope that we will see each other again soon. 

Your cousins, 

Gerogar

Ivy, who is your supervisor?  I would suggest sitting down with your supervisor to go over each of your assignments because you need a lot of help with grammar.  Reading is also excellent for helping with grammar.

 

default image
July 1, 2023
    

This assessment will have three parts: Part A, Part B, and Part C. They should be submitted together as one assignment, and you will receive one grade for all three parts. Please be sure that all parts of the assignment are present so that you can receive the maximum credit available.

Part A—Original: Please include the original draft of your assignment for comparison.

Part B—Reflection: You were asked to choose a piece of your writing from your efolio that you would like to develop further. Now, you are going to take some time to reflect upon your reasons for choosing that piece. What is it about that selection that grabs your attention? Is it the subject matter? Is it because you have a real-world connection to it? Maybe it is simply because you liked the way you worded it. Whatever the reason, take a few minutes to reflect on why you chose this piece and what your plans are for developing it further.

Part C—Revision: Use the checklist from before to go through the essay you have chosen. Look at each of the areas and closely examine how your essay fits into each. Then, use the added knowledge you have now to revise your essay into a stronger piece. Be sure to develop your thoughts by adding support from the various texts you have read in this learning path. Your revised essay will be graded by your instructor in conjunction with your reflection from Part B.

 

 

part A:

 

Monsters in Our Midst, Assignment 04

Please be sure to copy and paste the complete assignment instructions at the top of every assignment.  Thank you.

Ivy Zhang

july3

 

Dear Heorohulf, 

This is Gerogar your cousin.I am writing this letter to you so that someone will know about the things that had happened to in the my village.  The people of the village had heard stories of the demon creature. The monster had escaped it its banishment and is now plaguing this the village. The monster is named Grendel, and he is evil.  Please work on using more complex-compound sentences.

 

When Grendel reappeared most of us could not believe the stories of the creature. They took place outside of the town in a region that no one ever visited.  Grendel is was coming to attacks the village . The other night Grendel attacked a company of the best guards while they were asleep. He killed many of them and took thirty of there bodies back to his liar were we assume they were his feast. The tragedy that falls on us does not stop at this one night. Ivy, is your grammar check enabled?  I see green squiggly underlines everywhere—do not ignore these.  The computer is trying to tell you that you have an error.  If you right click on the word, it will even give you a suggestion.  Stopped editing here—too many errors.

The fear in this country is great while we wait for Grendel's next coming. Our leader has sent word to a foreign land and requested the aid of Beowulf. If he fails to get here in time everything might be destroyed and everyone  will be killed. 

Cousin, I can not spend anymore time on this letter . I wish that I  have made this longer so we could discuss more. Please Remember this village is songs as being brave and not just a village wiped out by monsters. I hope that we will see each other again soon. 

Your cousins, 

Gerogar

Ivy, who is your supervisor?  I would suggest sitting down with your supervisor to go over each of your assignments because you need a lot of help with grammar.  Reading is also excellent for helping with grammar.

 

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