Contrast the purpose of Private-purpose Trust Funds and Permanent Funds.
What will be an ideal response?
In both circumstances, donors have provided resources to generate earnings to support some activity. If the activity benefits the general citizenry or the overall government, it is classified as a permanent fund. If the activity benefits individuals or private organizations, it is classified as a private-purpose trust fund
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For public companies reporting to the SEC, the 10-K, 10-Q, 8-K, and proxy can be found at http://www.sec.gov
Indicate whether the statement is true or false
In a typical (conservative assumptions) after-tax discounted cash flow analysis, depreciation expense is assumed to accrue at
a. the beginning of the period. b. the middle of the period. c. the end of the period. d. irregular intervals over the life of the investment.
Goals and action plans should not change during your life span
Indicate whether the statement is true or false
A loan associated with a margin account is classified as a current liability
Indicate whether the statement is true or false.