Answer:
a) the inclusion of only financial assets and related liabilities.
Explanation:
The basic foundation of governmental financial accounting and reporting in the United States was established by the Governmental Accounting Standards Boards (GASB) in its "Objectives of Financial Reporting," which stated that the purpose of financial reporting is to provide information to facilitate decision making by various groups.
The groups were defined as;
(1) citizens of the governmental entity,
(2) direct representatives of the citizens, such as legislatures and oversight bodies, and
(3) investors, creditors, and others who are involved in the lending process.
Answer:
the labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable
Explanation:
The computation of the labor rate variance and labor efficiency variance is given below;
For Labor rate variance
= $12,000 - (2000 × 7)
= $2000 F
And, the Labor efficiency variance is
= 7 × (2000 - 3000 × 0.5)
= $3500 U
Hence, the labor rate variance and labor efficiency variance is $2,000 favorable and $3,500 unfavorable
Answer:
Forget that you’re up there not to promote how wonderful you are, but to provide value to the audience.
Lose focus of what the audience needs from you. One way: Before you start talking, ask, “What do you hope to learn/achieve from this meeting?”
Fail to set objectives. Even if you don’t share them with participants, know what you want to achieve.
Proceed without a plan (also known as an agenda). Whatever you call it, it’s a map for how your session is going to go.
Wing it. Preparation is everything. Unless you’re an improv master, you have to figure out what you’re going to do, in what order and for how long. And almost everyone needs to practice.
Jump from point to point in a disorganized way. See #4 and #6.
