Select the key term that relate to accounting for the business-type activities of state and local governments from the list that best matches with the following definition.A. Allowance for Funds Used during ConstructionB. Revenue bondsC. Utility plant acquisition adjustmentD. Regulatory accounting principlesE. Original costF. Historical costG. General obligation bonds________ 1. In utility accounting, the net cost for the period of construction of borrowed funds used for construction purposes and a reasonable rate on other funds so used.________ 2. Accounting principles prescribed by federal or state regulatory commissions for investor-owned and some governmentally owned utilities. ________ 3. Bonds whose principal and interest are payable exclusively from earnings of a public
enterprise. ________ 4. Bonds which carry the pledge of the government entity's full faith and credit, although the intent may be to service them from proprietary revenues rather than general taxes.________ 5. The account that captures the premium paid on a utility plant purchased by a government.
What will be an ideal response?
1. A, 2. D, 3. B, 4. G, 5. C
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In a job-order costing system, the use of indirect material would usually be reflected in the general ledger as an increase in
a. stores control. b. work in process control. c. manufacturing overhead applied. d. manufacturing overhead control.
I am a leader of employees in an auto manufacturing company that just merged with another company after a difficult buyout process. Employees will keep their jobs but will have to learn new systems and work with new people and supervisors, which makes them nervous and anxious about their work. This is an example of ______.
A. a capacity challenge B. a technical challenge C. a technical and adaptive challenge D. an adaptive challenge
Because the bargaining environment provides many opportunities and constraints, how successful management or the union is at the bargaining table is a function of their relative_______________________________.
Fill in the blank(s) with the appropriate word(s).
In a securitization, what is an early amortization provision?
What will be an ideal response?