Why is process value analysis not part of the general ledger accounting system?
Process value analysis currently is not a system used in general ledger accounting. PVA is an element of activity-based management (ABM) which aims at identifying value-adding and nonvalue-adding activities in order to improve management decisions and increase profitability. General ledger accounting focuses on recording actual expenses and income based on past transactions.
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With respect to reimbursement grant accounting, which of the following statements is true?
A. Under GASB, revenues are recorded when monies are received from the granting government. B. Under GASB, excess cash at the end of the project must be returned to the granting government. C. Under GASB, the granting government makes an initial payment to the receiving government and then makes reimbursement payments thereafter. D. Under GASB, revenues are recorded at the same time that expenditures are incurred.
Email is considered what type of medium?
A) Portable B) Instant C) Rich D) Expressive E) Lean
Answer the following statements true (T) or false (F)
1. A compromise between the structured and unstructured interview format is the semistructured interview. 2. A primary question introduces a topic in an interview, while a secondary question follows up, probing further into the response to the primary question. 3. Primary questions help gain complete and accurate information, and also establish a positive communication climate in the interview. 4. Directed questions are effective as persuasion tools.
Fraud perpetrators most often use their embezzled funds to save for retirement
Indicate whether the statement is true or false