Which of the following does not use the economic resources measurement focus?
A. Governmental funds
B. Government-wide funds
C. Proprietary funds
D. Fiduciary funds
Answer: A
You might also like to view...
Which is NOT true about Adam Smith?
a. He was a leading advocate of free trade. b. He developed the concept of absolute advantage. c. He maintained that labor costs represent the major determinant of production cost. d. He stated that a favorable trade balance is possible only in the short run, as over time it would automatically be eliminated.
The largest competitor to SAP in the ERP market is?
a. IBM b. Oracle c. Google d. Sun
You are considering an investment in Frontier Airlines stock and wish to assess the firm's earnings performance. All of the following ratios can be used to assess profitability except:
A. Net margin. B. Return on investment. C. Average days to collect receivables. D. Asset turnover.
A lessor is a party who acquires a right to the possession and use of goods under a lease.
Answer the following statement true (T) or false (F)