Agency funds are not included in the Statement of Changes in Net Position because they have no revenues (additions) or expenses (deductions).
Answer the following statement true (T) or false (F)
True
Agency funds are not included in the Statement of Changes in Net Position because they have no revenues (additions) or expenses (deductions).
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Sasha is a 22-year-old who has just started a job at a clothing store. She finds that her ideal working environment is different than that of her older coworkers. Sasha likely values all of the following except
A. work-life balance. B. professional freedom. C. flexible hours. D. meaningful job duties. E. a strict dress code.
Pure competition occurs when there are many firms competing for customers in a given market but their products are differentiated.
Answer the following statement true (T) or false (F)
Naomi is the IMC manager for a chain of regional income tax service providers. Franchisees pay a percentage of their revenue to an IMC account allocated to her. As she establishes the short-term goals for her firm's IMC efforts, her goals are likely to include
A. increasing the lagged effect. B. increasing inquiries, awareness, and trial of her firm's services. C. shifting customers to rule-of-thumb budgeting. D. expanding customer loyalty by closing the feedback loop. E. increasing market share, sales, and customer loyalty.
Management of Plascencia Corporation is considering whether to purchase a new model 370 machine costing $360,000 or a new model 220 machine costing $340,000 to replace a machine that was purchased 7 years ago for $348,000. The old machine was used to make product I43L until it broke down last week. Unfortunately, the old machine cannot be repaired.Management has decided to buy the new model 220 machine. It has less capacity than the new model 370 machine, but its capacity is sufficient to continue making product I43L.Management also considered, but rejected, the alternative of simply dropping product I43L. If that were done, instead of investing $340,000 in the new machine, the money could be invested in a project that would return a total of $411,000. In making the decision to invest in
the model 220 machine, the opportunity cost was: A. $411,000 B. $348,000 C. $340,000 D. $360,000