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Alik [6]
3 years ago
12

Which financial statements are required for proprietary funds?a) Statement of Net Position; Statement of Revenues, Expenses, and

Changes in fund Net Position; Statement of Cash Flows b) Budgetary comparison schedule; Statement of revenues, expenditures, and changes in fund balance; Statement of Net Position c) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows d) Statement of Net Position; Statement of Revenues, Expenses, and Changes in fund net position
Business
1 answer:
Cerrena [4.2K]3 years ago
3 0

Answer:

c) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows

Explanation:

Proprietry funds are accounts that are part of governmental institutions and non profits organizations and these require a high standard of transparency and accountability, so they are require to provide to the government the next statements: tatement of net assets; a statement of revenues, expenses, and changes in fund net assets; and a statement of cash flows.

This is accordingly to the summary of statements N. 34 from the Governmental Accounting Standards Board.

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g Select one: a. Capital budgeting analysis for expansion and replacement projects is essentially the same because the types of
timofeeve [1]

Answer:

The correct statement option is b.

Explanation:

The replacement decision involves an analysis of two independent projects where cash flows include the initial investment, additional depreciation and the terminal value.

The replacement decision is the process of identifying, evaluating and taking decisions on two or more independent alternatives. During this process company evaluate various alternatives of investment in different projects and select one of the best alternative based on its cost, rate of return, time required and risk associated with it etc.

6 0
3 years ago
Suppose, you have $20,000 in your account. You receive a monthly
Setler [38]

Answer:

According to the data provided the opportunity costs is detailed below:

Initial Balance  $20,000

Monthly interst      $200

Investment             $500

________________________

The Opportunity cost is $500

Explanation:

The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has three options:

1. Spending the money  

2. Save the money

3.     Invest the money

Once the money is spent the opportunity costs is generated and it is measured by the interest rate lost for not keeping the money in the investment that will generate an interest rate of $500 monthly.

3 0
3 years ago
What will you do to run a presentation from a computer on which you did not prepare the presentation, and how?
Nataly_w [17]

Answer:

You can use a drawing software. It usually included without having to download the new one.

Explanation:

Without preparation, you wouldn't have enough time to actually make a good graph or selective image to aid you with the presentation.

One way to handle this is by extending your monitor to a projector and use a drawing program.

The drawing program provide you with the ability to create simple shapes and free-pen tools. So, as you explain your material to the audience, you can draw assisting image to help get your point across. This will be similar to a whieboard that your teacher use to explain material in high school.

That's being said, this method wouldn't be as effective compared to actually making preparation beforehand.

4 0
3 years ago
Read 2 more answers
What are the powers and responsibilities of the top management of a corporation?. A) They manage the day-to-day operations of th
tankabanditka [31]
The power and responsibilities of the top management of a corporation is : A. they manage the day to day operations of the corporation

For example, if you're a Relationship manager, you are obliged to handled all the things related in maintaining good relationship with the customers

hope this helps
8 0
3 years ago
Question 1 (2 points)
inn [45]

Answer:

True

Explanation:

The principal purpose of building a business is to make profits.  A business must provide solutions to particular needs and wants in the community to attract customers. Different entrepreneurs will offer alternative or similar solutions to a specific situation.

Anyone starting a business will target a particular set of customers. He or she must be ready to complete for those customers with other like-minded entrepreneurs. Competition is good in business as it makes entrepreneurs innovate on the best ways to serve their customers. It also gives customers alternatives.

8 0
3 years ago
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