A special-purpose government engaged in business-type activities financed in whole or part by fees charged to external parties are usually reported in fiduciary funds.

Answer the following statement true (T) or false (F)


False

Special purpose governments engaged only in business-type activities are not required to prepare government-wide statements. These entities provide the same fund-basis statements required of proprietary funds.

Business

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Research indicates that a leader’s intellectual ability ______.

A. is negatively correlated with leadership potential B. should outrank followers by a factor of 2 C. has not been given much attention in the trait approach D. should not differ too much from that of followers

Business

Which study resulted in viewing task and relationship behaviors on two intersecting axes?

A. Ohio State studies B. Michigan studies C. Blake and Mouton D. Stogdill and Zacaro

Business

An acknowledgment by a bank that it has received money from a customer with a promise by the bank that it will repay the money received at a specified date is a note

a. True b. False Indicate whether the statement is true or false

Business

In a manufacturing company which one of the following audit procedures would give the least assurance of the existence of the assets in the general ledger balance of investment in stocks and bonds at the audit date?

A. Examination of paid checks issued in payment of securities purchased. B. Confirmation from the broker. C. Inspection of year-end brokers' statements. D. Vouching all changes during the year to brokers' advises and statements.

Business