For each of the following definitions, select the key term from the list that relate to general capital assets and capital projects.A. Bond anticipation notesB. Infrastructure assetsC. Service Concession ArrangementsD. General capital assetsE. Capital projects fundsF. Asset impairmentG. Intangible assetsH. Depreciation ________ 1. Assets that lack physical substance and are nonfinancial in nature________ 2. Short-term interest-bearing instruments issued by a government with a plan to replace with longer-term debt________ 3. Roads, bridges, curbs and gutters, streets, sidewalks, and drainage systems installed for the common good________ 4. Capital assets of a government that are not recorded in a proprietary or fiduciary fund________ 5. Significant, unexpected decline in the service
utility of a capital asset
What will be an ideal response?
1. G, 2. A, 3. B, 4. D, 5. F
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________ are helpful for identifying individuals or organizations that collect specific data
A) Directories B) Indexes C) Guides D) Statistical published data
The time horizon of the operation phase is typically
A) quarterly or yearly. B) weekly or daily. C) monthly or quarterly. D) over the next several years.
Salespeople frequently offer prospects refreshments, small gifts, or free samples early in the sales process. Offering something is a powerful way to start your communication.
Answer the following statement true (T) or false (F)
Which of the following is a method of computing inventory that small firms tend to use to save taxes when prices rise?
A. Average-cost method B. First-in, first-out method C. Last-in, first-out method D. Direct tax method