Which of the following items would likely appear in the reconciliation between the governmental fund financial statements and the governmental activities column in the government-wide financial statements?
A. The inclusion of long-term liabilities in the government-wide financial statements and not in the governmental fund financial statements.
B. The inclusion of depreciation of capital assets in the governmental activities column of the government-wide financial statements and not in the governmental fund statements.
C. The additional accrual of some revenues and expenses in the government-wide financial statements that were not made in the governmental fund financial statements.
D. All of the choices are correct.
Answer: D
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A company provided $12,000 of consulting services on account. The customer promises payment in 30 days. Identify the journal entry below that properly records this transaction.
A.
| Accounts Payable | 12,000 | |
| Consulting Services Revenue | 12,000 |
B.
| Accounts Receivable | 12,000 | |
| Consulting Services Revenue | 12,000 |
C.
| Accounts Payable | 12,000 | |
| Cash | 12,000 |
D.
| Consulting Services Revenue | 12,000 | |
| Cash | 12,000 |
E.
| Cash | 12,000 | |
| Consulting Services Revenue | 12,000 |
Systemic barriers to change refer to elements of an organization's design, structure, and reporting relationships that impede the flow of information.
Answer the following statement true (T) or false (F)
Answer the following statement(s) true (T) or false (F)
1. The practice of OD is just in its second decade. 2. Chapter 2 identifies six strands of OD research and practice. 3. In the earlier recognized laboratory/T-group training/workshops, organization members were not invited to participate in discussion and to share their own interpretations. 4. In the further research conducted at Detroit Edison, specifically with the eight accounting departments, there was no reported difference among the groups that had taken action compared to the groups that had taken no action. 5. MacGregor, Likert, Blake and Mouton, and Herzberg sought to persuade the practitioner community that there was a more optimistic and humanistic alternative to management.
Shareholders must either exercise their rights granted via a rights offering or let them expire unused
Indicate whether the statement is true or false.