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r-ruslan [8.4K]
3 years ago
5

Which of the following financial statements must special-purpose governments include in their financial statements if the specia

l purpose government is engaged in both governmental and business-type activities or in more than one governmental activity? Multiple Choice a.Government-wide financial statements. b.Fund basis financial statements. c.Both of the above. d.Neither of the above.
Business
1 answer:
Valentin [98]3 years ago
6 0

Answer:

C) Both of the above.

  • a.Government-wide financial statements.
  • b.Fund basis financial statements.

Explanation:

Government wide financial statements basically include all the government's funds and accounts. They are generally reported all the financial transactions of the government during the year.

Fund based financial statements generally only report a specific fund's financial statement. The accounting basis for each fund might vary depending on the specific fund which is being reported. they also provide more detailed information about the specific activities included in the fund.

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Aaron is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current y
Svetllana [295]

Answer:

$325,000

Explanation:

Aaron's salary which has already been substracted from the income of ABC, Inc. is allowable deduction and it will not be added back to the ABC Inc.'s income.

Dividend payment by an S corporation is not allowable for deduction and it will not be deducted from the net income.

Therefore, Aaron's qualified business income is $325,000.

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3 years ago
What is a stock index
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Explanation:

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3 years ago
Read 2 more answers
Identify a major transportation problem in any vicinty in ghana or the world (safety, infrastructure, vehicles, policies and so
podryga [215]

The Major problem facing transportation in Ghana and around the world is the human capital and infrastructural issues.

<h3>Human Capital</h3>

   The importance of Human capital cannot be overemphasized in curbing the problems of transportation in Ghana and the world at large. Human capital must interface with physical capital to bring about good transport systems because physical capital will always remain out of existence without the input of human capital.

<h3>Infrastructure</h3>

Transport infrastructure is generally lacking in Ghana and sub-Saharan Africa. There is absence of well developed and functional infrastructure to drive the transport system. Such infrastructure include fast trains, durable roads etc.

Learn more about Transport Infrastructure at brainly.com/question/7152577

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1 year ago
A company might conduct full-scale practice drills, including closing a building and working from a remote location, in order to
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3 0
3 years ago
In this equation what should be the coefficients of the reactant and products I2+O2-&gt;i4O9
katrin2010 [14]
The correct answer is C.

For the equations to be balanced, the coefficients must make the number of atoms of the reactants and products the same across the equation. The other answer options leave the reactants having too many atoms and the product lacking. So the only properly balanced option is answer choice C.

So the completed balanced equation is:
4I2 + 9O2 -> 2I4O9

I hope this helps! :)
4 0
3 years ago
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