What are the alternative methods of dissolving an internal service fund?
What will be an ideal response?
As Chapter 7 explains, dissolution of an internal service fund may be accomplished in any of three ways, or in any combinations thereof: (1) The fund's assets are transferred to another fund that will continue the operations as a subsidiary activity, (2) distribution of the fund's assets (and liabilities), in kind, to another fund or another government, and (3) liquidation of noncash assets and transferring the net cash (after settlement of liabilities) to another fund. Legal counsel should be obtained to ensure the dissolution, including distribution of assets, is according to law and legislative intent.
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A) personality B) demographics C) lifestyles D) heavy users
______________________________ is the time it takes from when authorization is made for goods to be produced to when the goods are completed
Fill in the blank(s) with correct word
An equity security with systematic risk equal to the average amount of systematic risk of all equity securities in the market
a. has a market beta equal to one. b. should expect to earn the same rate of return as the average stock in the market portfolio. c. gives no insight into the risk premium of stock. d. Both a and b are correct.
The product life-cycle concept from microeconomics and marketing provides useful insights into the relations between cash flows from operating, investing, and financing activities. During the introduction phase
a. cash inflow exceeds cash outflow for operations. b. cash inflow exceeds cash outflow for investing activities. c. cash outflow exceeds cash inflow for financing activities. d. cash inflow exceeds cash outflow for financing activities. e. cash outflow exceeds cash inflow for investing activities.