According to GASB, Enterprise funds must be used when:
A. a government has a policy to establish fees and charges to cover the cost of providing services for an activity.
B. a legal requirement exists that the cost of providing services for an activity, including capital costs, be recovered through fees or charges.
C. debt is backed solely by fees and charges.
D. Any of the above apply.
Answer: D
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The ________ holds that the organization's task is to determine the needs, wants, and interests of target markets and to deliver the desired satisfactions more effectively and efficiently than competitors in a way that preserves or enhances the
consumer's and the society's well-being. A) selling concept B) integrated marketing concept C) social responsibility marketing concept D) production concept E) relationship marketing concept
Hot Topic LLC appeals to tweens and teens through their Gothic frocks, fad movie gear, piercing paraphernalia, and popular T-shirts and posters. The staff at Hot Topic wears the merchandise. Also, they are active in helping their young customers choose from the hip merchandise. The teens and tweens can be considered the
A. marketing mix. B. target market. C. marketing objective. D. retail mix. E. retail format.
Refer to the following selected financial information from Gomez Electronics. Compute the company's debt-to-equity ratio for Year 2. Year 2Year 1Net sales$478,500 $426,250 Cost of goods sold 276,300 250,120 Interest expense 9,700 10,700 Net income before tax 67,250 52,680 Net income after tax 46,050 39,900 Total assets 317,100 288,000 Total liabilities 181,400 167,300 Total equity 135,700 120,700
A. 2.63. B. 1.34. C. 1.75. D. 0.75. E. 2.34.
Generally, a buyer acquires title that is superior to whatever title the seller had to the goods sold
Indicate whether the statement is true or false