Why is it important that there are GAO accountants?
What will be an ideal response?
Answer: GAO accountants serve to "police" our government spending. They find many ways to save billions of dollars collected from taxpayers and also work to stop mismanagement, fraud, and waste within all levels of government spending.
Explanation: GAO accountants do everything from confronting waste, abuse, and fraud to finding savings in weapons systems, Medicare, and Medicaid. Their work is crucial for the proper and cost-efficient functioning of our entire government.
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A check payment for $658 was incorrectly entered in the Cash account as $856. Which of the following adjustments needs to be made?
A) decrease the book balance B) decrease the bank statement balance C) increase the book balance D) increase the bank statement balance
In a city, 60% of the residents live in houses and 40% of the residents live in apartments. Of the people who live in houses, 20% own their own business. Of the people who live in apartments, 15% own their own business. If a person owns his or her own business, find the probability that he or she lives in a house.
What will be an ideal response?
The name of an LLC must indicate in some fashion that it is an LLC
Indicate whether the statement is true or false
Arbitrary marks are real words whose ordinary meaning has something to do with the color or shape of the trademarked product
a. True b. False Indicate whether the statement is true or false