1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marta_Voda [28]
3 years ago
9

Required financial statements of funds may include the following, among others: I. Statement of net assets II. Statement of reve

nues, expenditures, and changes in fund balances III. Balance sheet IV. Statement of cash flows The financial statements that should be issued by governmental funds and by proprietary funds include the following: Governmental Funds Proprietary Funds A) II and III I and IV B) I and II I and II C) I, II, and IV II, III, and IV D) II and III I, II and IV A) Option A B) Option B C) Option C D) Option D
Business
1 answer:
Alina [70]3 years ago
8 0

Answer:

option D ( ii, iii and iv )

Explanation:

Required financial statements that should be issued by governmental funds and by proprietary  funds include the following among others:

  • statement of revenues, expenditures and changes in fund balances,
  • balance sheet,
  • statement of cash flows

These among others are expected to reflect/ be included in Financial statement issued by Governmental funds and proprietary funds.

You might be interested in
Your business partner has proposed you to join him (her) in investing $100000 each in a new enterprise. assume that you have tha
hjlf

Answer:

I wouldn't invest.

Risk preference at least 50-50 chance of gain and loose

Explanation:

case of success the return i get is $40000

case of failure i lose $20000.

My analysis shows P40=0.3 of success

And P-20=0.7 of failure.

The probability of a loose is much bigger than the probability of a gain.

So I can't bear the loose of loosing 7 times if about 20000 and gaining 3 times of about 40000 it doesn't balance.

My loose accumulating to 140000

While my gain is 120000.

I can't invest

7 0
4 years ago
A major difference between ifrs and gaap relates to the revaluation surplus account. retained earnings account. share premium ac
AleksAgata [21]

A major difference between IFRS and GAAP relates to the  A  Revaluation Surplus Account.

A revaluation reserve is an equity account that stores changes in the value of fixed assets. If the revalued assets are subsequently disposed of by the company, the remaining revaluation reserve is credited to the company's retained earnings account.

This reserve is only used when the organization prepares its financial statements in accordance with International Financial Reporting Standards. No revaluation reserve is allowed for companies using generally accepted accounting principles.

A revaluation reserve is an equity account that stores changes in the value of fixed assets. If the revalued assets are subsequently disposed of by the company, the remaining revaluation reserve is credited to the company's retained earnings account.

Learn more about Revaluation here: brainly.com/question/19908089

#SPJ4

3 0
2 years ago
Review each of the investment opportunities provided by Earll Investments and Pima Financial Trading. In a three paragraph essay
quester [9]

All investment strategies do involve some level of risk. Considering the evidence at my disposal, the first investment is made in the investment opportunity that is most likely to be fake.

The real dangers of investing with this company are those associated with land, stocks, goods, or legal disputes.

What potential profits may I expect from my investment?

The investment's projected return, or what we refer to as the potential return, has the potential to generate significant profit or loss.

Keep in mind that it is regarded as a type of computed metric that enables investors to determine the possible profit an investment may receive; in the example above, it may result in greater profit or loss.

Learn more about investments here;

brainly.com/question/28761792

#SPJ1

5 0
1 year ago
Sales at a fast-food restaurant average $6,000 per day. The restaurant decided to introduce an advertising campaign to increase
lutik1710 [3]

Answer:

Yes, sales have increased as a result of the advertising campaign.

Explanation:

Find attached the explanation.

Note: I had to convert the explanation into both jpeg and files (both contains the same answer) when the answer box kept on rejecting my answer claiming it contains swear words when it does not.

3 0
3 years ago
Melvin receives stock as a gift from his uncle. No gift tax is paid. The adjusted basis of the stock is $19,000 and the fair mar
NARA [144]

Answer:

a gain for 6,000 dollar will be recognized

the new bonds basis will be of 22,000

Explanation:

Total proceeds from the sale:

22,000 in bonds plus 3,000 cash for a total of 25,000

The basis of the bond gifted was 19,000

Therefore, there is a realzied gain on sale for the difference which is 6,000 dollars.

The new bonds are worth 22,000 therefore their basis will be of 2,,000 dollars

3 0
3 years ago
Read 2 more answers
Other questions:
  • Mark the boxes that are true. the federal communications commission regulates radio and television to the extent of licensing st
    14·1 answer
  • What’s the code that 49 states have adopted to interpret and enforce contract law
    7·1 answer
  • Which of the following statements is correct?
    11·1 answer
  • SNC is considering evaluating the payment profile of its customer base, especially focusing on customers who are chronically del
    12·1 answer
  • Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
    7·1 answer
  • When applying the diversification analysis technique, market development refers to the marketing strategy of?
    15·1 answer
  • Frank missed an important deadline at work. His boss, George, thinks to himself, "Frank missed that deadline because he is lazy;
    14·1 answer
  • Oil Well Supply offers a 8 percent coupon bond with semiannual payments and a yield to maturity of 8.73 percent. The bonds matur
    11·1 answer
  • Paul owns a photography studio, and he has applied for a loan to
    15·1 answer
  • Orion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!