In addition to the fund basis statement, GASB requires government-wide statements that are prepared using the accrual basis and the current financial resources measurement focus.
Answer the following statement true (T) or false (F)
False
Government-wide statements are prepared using the economic resources focus and accrual basis of accounting.
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The ________ scorecard approach is based on an integration of strategic planning with a company's budgeting processes, and short-term results from the scorecard can serve as a means of monitoring progress in achieving strategic objectives across four dimensions: financial, customer, internal, and learning and growth.
Fill in the blank(s) with the appropriate word(s).
Compliance with a legislative enactment or administrative regulation does not prevent a finding of negligence if a reasonable person would have taken additional precautions to avoid harm
a. True b. False Indicate whether the statement is true or false
Costs that do not differ between alternatives are ________
A) relevant to the decision B) considered opportunity costs C) considered irrelevant to the decision D) important only if they represent a material dollar amount
Consider the following constraints from a linear programming problem:
2X + Y ? 200 X + 2Y ? 200 X, Y ? 0 If these are the only constraints, which of the following points (X,Y) cannot be the optimal solution? A) (0, 0) B) (0, 200) C) (0,100) D) (100, 0) E) (66.67, 66.67)