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defon
3 years ago
9

Forest City has recently implemented GAAP reporting and is attempting to determine which of the following special revenue funds

should be classified as “major funds” and, therefore, be reported in separate columns on the balance sheet and statement of revenues, expenditures, and changes in fund balances for the governmental funds. As the city’s external auditor, you have been asked to provide a rationale for either including or excluding each of the following funds as a major fund. Determine which of the following funds should be reported as a major fund.
Business
1 answer:
vitfil [10]3 years ago
6 0

Answer:

hsbsjsbsbdbebdhdbdbfbrnr

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The following information pertains to the Engineering department: Units Materials Completion % Conversion Completion % Work in p
mash [69]

Answer:

5,750 units were completed and transferred out of the Engineering department during January

Explanation:

This question requires us to calculate the number of units that were completed and transferred out during th month from engineering department. This can be solve easily with the help of equation given below.

Opening units + unit put in process = closing units + units transferred out

units transferred out = 24,000 + 1,750 -20,000

units transferred out  = 5,750 units

4 0
3 years ago
Whats 63% of 1827?<br><img src="https://tex.z-dn.net/?f=%20%7B7%20%5Ctimes%208%7D%5E%7B2%7D%20" id="TexFormula1" title=" {7 \tim
MrMuchimi
63% of 1827 is 1179.36
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6 0
4 years ago
Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic acci
Mnenie [13.5K]

Answer:

$4,600

Explanation:

Data provided in the question:

Purchasing cost of the van = $20,000

Adjusted basis = $5,800

Worth of the van at the time of accident = $6,000

Insurance reimbursement = $1,200

Now,

The amount of Riley's casualty loss deduction will be

= Adjusted basis - insurance reimbursement

or

Amount of Riley's casualty loss deduction = $5,800 - $1,200

or

Amount of Riley's casualty loss deduction = $4,600

3 0
3 years ago
Does this record contain a certificate, or is the certificate included in a separate record. does the certificate fit into a sin
erica [24]
The Certificate exists in a frame that follows the ServerHello.Because the size of the certificateis larger than the maximum payload size of an Ethernet Frame, thus the certificate must be<span>contained in multiple frames</span>
6 0
4 years ago
The primary goal of financial management is to: a. maximize current dividends per share of the existing stock.b. maximize the cu
tangare [24]

Answer:

The correct answer is letter "B": maximize the current value per share of the existing stock.

Explanation:

Financial management collects several strategies to add value to the company in the long-term. This could be achieved by generating revenue sustainably and increasing the value per share of the firm's stock which boosts the value of the overall entity in the market.

<em>One of the most important goals financial management has is to maximize the stakeholders' wealth.</em>

6 0
3 years ago
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