General capital assets purchased or constructed with governmental fund resources are recorded in the governmental activities general ledger at the government-wide level.

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


True

Business

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Which of the following describes the cost of goods manufactured?

A) the cost of the goods that were sold during the period B) the total cost of all goods that were completed, or partially completed during the period C) the cost of those goods that were completed during the period D) the total costs in inventory at the end of the period

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Use the information in Scenario 9.5. Tom cuts the ordering cost in half by implementing a streamlined processing system. How many fewer units should he now order each time he places an order?

A) less than or equal to 10 units B) greater than 10 but less than or equal to 15 units C) greater than 15 but less than or equal to 20 units D) greater than 20 units

Business

Which of the following is not a standard in the context of the fair use doctrine?

A. the purpose for which the copyrighted material is being used B. how much money the copyright owner can lose as a result of the use C. the proportion of the copyrighted material being used D. None of the above-each is a standard.

Business

In the context of management, which of the following statements is true of controlling?

A. It refers to monitoring performance and making adjustments as needed. B. It refers to determining a structure for both individual jobs and the overall organization. C. It refers to determining organizational goals and action plans for how to achieve those goals. D. It refers to directing and motivating people to achieve organizational goals.

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