The term "current financial resources" refers to:
A. The government's current assets and current liabilities.
B. Assets that are available to be used for current expenditures.
C. Financial resources used to provide electricity to local citizens.
D. The current value of all net assets owned by the governmental unit.
E. Those assets that can quickly be converted into cash.
Answer: B
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Sponsorships and event-marketing have increased in popularity during the past decade due to their potential to:
A) produce pro-active damage control mechanisms B) boost sales and profits C) reach consumers on a one-to-one basis D) accelerate new product development
On January 1, 2016, the Mills Car Repair Company acquired equipment at a cost of $55,000. At that time, the equipment was estimated to have a residual value of $5,000 at the end of an estimated five-year service life. During 2016 and 2017, the company recorded straight-line depreciation on the equipment.
Required: Prepare all the journal entries for 2018 relating to the equipment for each of the following independent situations (ignoring income taxes): ? a. Assume that the company switched to sum-of-the-years'-digits depreciation at the beginning of 2018 with a new estimated remaining life of four years. b. Assume, instead, that at the beginning of 2018, the equipment is determined to have a five-year remaining service life. Straight-line depreciation will still be used. c. Assume, instead, that at the beginning of 2018 the company discovered that it had erroneously ignored the estimated residual value in the computation of its depreciation for 2016 and 2017. What will be an ideal response?
______ uses a small number of participants in research who accurately represent a larger identifiable population.
A. Method equivalence B. Extremity C. Sampling D. Nonequivalence
The CEQ requires that federal agencies make environmental assessments that are major, lengthy studies of potential environmental destruction
a. True b. False Indicate whether the statement is true or false