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3 years ago

Governments that centralize their risk financing activities should account for this activity in which type of fund?

Business

1 answer:

kari74 [83]3 years ago

7 0

Answer:

The correct answer is letter "D": Either the General Fund or Internal Service Fund is acceptable.

Explanation:

The General Fund is used by the government to record all the inflows and outflows of the transactions related to daily use expenditures and long-term operations. The agency that provides the resources is the Department of Treasury through loans receivable.

The Internal Service Fund record all transactions derived from the expenditures in the use of goods or services among government departments and agencies on a cost-reimbursement basis.

Thus, when reporting governmental financial activities, the can be recorded in the General Fund or the Internal Service Fund.

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Who would be called upon to fix the following problem? The network at the U.S. embassy in Brazil has suddenly crashed.

svp [43]

An information management specialist would be the one to fix an issue with a network.

3 0

3 years ago

The more redundancy, the better your network is. True or False??

Elina [12.6K]

the answer is false, hope this helps

8 0

4 years ago

After reviewing the existing data on seasonal spending by his company's customers, Marvin decided he needed new information coll

Studentka2010 [4]

Answer: Primary data

Explanation:

Primary data which is also referred to as raw data, is data such as readings, numbers, figures, etc. that are collected from a particular source. The primary data is the data which is collected by an individual or researcher from the first hand sources, by using methodology such as surveys, experiments or interviews. These are collected, keeping in mind the research project, directly from the primary sources.

3 0

3 years ago

Problem E3-14December 31, unadjusted trial balance for Demon Deacons Corp.Accounts Debit CreditCash $10,000 Accounts Receivable

djverab [1.8K]

Answer:

rent expense 2400

Prepaid Rent 2400

--expired rent--

Deferred Revenue 750

Service Revenue 750

--acrued revenue--

Salaries expense 700

salaries payable 700

--accrued salaries--

Supplies 3200

supplies expense 3200

--supplies used--

The trial balance is attached.

Explanation:

a) 7,200 is the contract value for 6 months

we divide by 6 month and then, we multiply by 2 month accrued for the year (november and december)

b)we decrease the portion earned and recognize the gain

c) we recognize a liability and the wages expense associate for this wages

d) the difference between the book value and supplies on hand will be considered consumption so, supplies expense

For the ajusted trial balance, we will adjust the balance of eahc account considering the beginning balance

8 0

3 years ago

The following transactions occurred during March 2018 for the Wainwright Corporation. The company owns and operates a wholesale

solong [7]

Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $400,000

To Common Stock capital $400,000

(Being cash is recorded)

2. Equipment Dr, $60,000

To Cash $15,000

To Note payable $45,000

(Being equipment is recorded)

3. Inventory Dr, $122,000

To Accounts payable $122,000

(Being purchase of inventory is recorded)

4. Accounts receivable $170,000

To Sales revenue $170,000

(Being sales revenue is recorded)

Cost of goods sold Dr, $102,000

To Inventory $102,000

(Being cost of goods sold is recorded)

5. Rent expenses Dr, $5,500

To Cash $5,500

(Being rent expenses is recorded)

6. Prepaid Insurance Dr, $6,550

To Cash $6,550

(Being insurance is recorded)

7. Accounts Payable Dr, $102,000

To Cash $102,000

(Being accounts payable is recorded)

8. Cash Dr, $76,500

To Accounts receivable $76,500

(Being cash is recorded)

9. Depreciation expenses Dr, $1,500

To Accumulated depreciation $1,500

(Being depreciation expenses is recorded)

6 0

4 years ago