In accordance with GASB standards, both a general purpose government and a special purpose government can be considered primary governments if certain criteria are met.
Answer the following statement true (T) or false (F)
True
Business
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The recording of cash payments to the cash account will be done by entering the amount as a credit
Indicate whether the statement is true or false
Business
A firm's operating cycle (OC) is simply the sum of the average age of inventory (AAI) and the average payment period (APP)
Indicate whether the statement is true or false
Business
Employees who raise ethical concerns or issues in an organization are known as ________.
A. employee-volunteers B. whistle-blowers C. entrepreneurs D. philanthropist
Business
When the federal governments budget deficit increases, the ________ curve for bonds shifts to the ________
A) demand; right B) demand; left C) supply; left D) supply; right
Business