Enterprise funds are reported in the fund-basis statements only.

Answer the following statement true (T) or false (F)


False

Enterprise fund balances are entered directly into the business-type activities sections of the government-wide statements.

Business

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The collection of an account that had been previously written off under the allowance method of accounting for uncollectibles

A) will increase income in the period it is collected. B) will decrease income in the period it is collected. C) does not affect income in the period it is collected. D) requires a correcting entry for the period in which the account was written off.

Business

Marriott used which of the following management science techniques to help improve profit by $120 million over two years?

A) optimization, decision analysis, and forecasting B) forecasting, queuing theory, and inventory analysis C) queuing theory, optimization, and inventory analysis D) forecasting, simulation, and optimization

Business

Which of the following is patentable?

a. The design of a bioreactor b. The law of gravity c. A naturally occurring bacterium d. A computer program

Business

The inclusion of assets from countries with business cycles that are not highly correlated with the U.S. business cycle reduces the portfolio's responsiveness to market movements

Indicate whether the statement is true or false

Business