Which of the following is not required in a federal agency's financial report?

A. Budgetary Comparison Schedule
B. Management's Discussion and Analysis
C. Notes to the Financial Statements
D. Required Supplemental Information


Answer: A

Business

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Which of the following statements is true?

a. The method of preparing the operating activities section of a statement of cash flows which adjusts net income to remove the effects of deferrals and accruals for revenues and expenses is the direct method. b. The method of preparing the operating activities section of a statement of cash flows which reports major classes of gross cash receipts and cash payments for revenues and expenses is the indirect method. c. The FASB prefers the indirect method of preparing the operating activities section of the statement of cash flows. d. Most companies use the indirect method of preparing the operating activities section of the statement of cash flows.

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Reviewing your own assumptions and conclusions for validity also ensures what?

A) That the information is accurate B) That the quantity of the information is appropriate C) That the information is relevant D) That the information is ethical E) That the information well written

Business

The greater the demand, the more kanbans are needed

Indicate whether the statement is true or false.

Business

In some instances, people may be held liable for injuries they have caused even though they have not acted intentionally or negligently

Indicate whether the statement is true or false

Business