Depreciation on capital assets is not included as an expense in the Statement of Revenues, Expenses, and Changes in Fund Net Position in the proprietary fund financial statements.
Answer the following statement true (T) or false (F)
False
Proprietary funds are used to account for a government's activities that are businesslike in nature. The financial statements are prepared using the economic resources measurement focus and accrual accounting.
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Experiential marketing has been used on an increasing basis in recent years by which of the following industries?
A) clothing B) automobile C) beverage D) tourism E) computer
Assume that sales are predicted to be $3,750, the expected contribution margin is $1,500, and a net loss of $250 is anticipated. The break-even point in sales dollars is:
A. $2,500. B. $4,000. C. $4,250. D. $4,375. E. $1,750.
What is the SPI firewall rule for packets that only have their TCP ACK bits set but no other flags set?
A) Drop the packet unless it is permitted by an ACL B) Pass the packet unless it is forbidden by an ACL C) Pass the packet if it is part of a previously approved connection D) Either A or B
Identify which of the following statements is true.
A) A courtesy interest is a widower's interest in his deceased wife's property. B) All gifts made within three years of the date of death must be included in the gross estate. C) Dower rights are not the same as courtesy rights. D) All of the above are false.