Internal Service funds are treated as governmental activities in the government-wide statements if the principal customers are other departments within the General Fund.

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


True

Per Illustration 1-3, most internal service funds are included as governmental activities.

Business

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The quick ratio is useful for analyzing inventory accounts

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

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Non-financial measures are generally less timely than are financial performance measures

Indicate whether the statement is true or false

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A webinar is an interactive web-based seminar that is broadcast over the Internet

Indicate whether the statement is true or false.

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Discuss why effective communicators should vary sentence and paragraph length in their writing

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