The "net position" of a federal agency may include all of the following components, except:
A. Fund balance with U.S. Treasury.
B. Unexpended appropriations.
C. Cumulative results of operations.
D. Appropriations represented by undelivered orders and unobligated balances.
Answer: A
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________ consists of putting goods in boxes or trailers that are easy to transfer between two transportation modes
A) Containerization B) Haulage C) Inventory carrying D) Order processing E) Warehousing
On March 1, 2010, Darby Corporation sold 82 of its 9 percent, $1,000 bonds for a price of 96 plus accrued interest. The accrued interest amounted to $1,000 . If a balance sheet were to be prepared at the end of the day, March 1, 2010, the carrying value reported for the bonds payable would be
a. $82,000. b. $78,720. c. $79,540. d. $77,900.
All of the following statements regarding stock dividends are true except:
A. Stock dividends provide evidence of management's confidence that the company is doing well. B. Stock dividends do not reduce assets or equity. C. Stock dividends decrease the number of shares outstanding. D. Stock dividends transfer a portion of equity from retained earnings to contributed capital. E. Directors can use stock dividends to keep the market price of the stock affordable.
Widmer's research on recruiting nonprofit Board Members concluded that
a. most people join people not causes b. lack of time for volunteering was not a problem c. Young women who have children at home and are not working are readily recruited to be Board members because they want to get out of the house d. Having unrealistic expectations of the organization was not a problem e. learning new skills was not important to board members