Since long-term liabilities are not recorded in the governmental funds, payments of debt principal are recorded as expenditures, rather than reductions of outstanding liabilities.
Answer the following statement true (T) or false (F)
True
Payments of debt principal are recorded as expenditures in governmental funds.
You might also like to view...
With reference to #3, under a race notice statute, who has title?
A)?A B)B? C)?C
Which statistical technique is appropriate when we describe a single population of qualitative data with exactly two categories?
a. The z-test of a population proportion. b. The chi-squared goodness-of-fit test. c. The chi-squared test of a contingency table. d. Both a and b.
The post-project evaluation meeting with the project sponsor should focus on additional projects and assume permission to use the customer as a reference with potential customers
a. True b. False Indicate whether the statement is true or false
____________ includes the activities managers perform to plan for, attract, develop, and retain an effective workforce.
A. Personnel development B. Contingency planning C. Job analysis D. Human resource management E. Performance appraisal