So long as the reporting government is not primarily responsible for debt under a construction type special assessment, the special assessment may be reported in an Agency Fund.
Answer the following statement true (T) or false (F)
False
If the government is liable, either primarily or secondarily, for the payment of special assessment debt in the event of default by the property owners, the transactions are handled if as if it were a government project. A capital projects fund should account for the proceeds of the debt and the construction expenditures.
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For an information system to be an strategic information, one of the conditions is that the information system must serve an organizational goal rather than simply provide information.
Answer the following statement true (T) or false (F)
Most preferred stocks are callable preferred stocks, which means that the callable feature may be exercised by
a. the state that issued the corporation's charter. b. a preferred stockholder. c. the issuing corporation. d. either the issuing corporation or a preferred stockholder.
Pelican Company issued $200,000 of 20-year, 6 percent bonds at 98 on one of its semiannual interest dates. The straight-line method of amortization is to be used. After seven years, what is the carrying value of the bonds?
A) $196,700 B) $197,400 C) $198,600 D) $199,300
______ is the easiest and fastest method of job evaluation.
A. Job ranking B. Wage compression C. Job evaluation D. Job hierarchy