Under GASB standards, general capital assets should not be reported as assets in governmental funds but should be reported in the governmental activities column of the government-wide Statement of Net Position.
Answer the following statement true (T) or false (F)
True
Under GASB standards, general capital assets are not recorded as assets in governmental funds but are reported in the governmental activities column of the government-wide Statement of Net Position.
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In the Du Pont model, profit margin is a ratio of
a. income to sales. b. income to assets. c. sales to income. d. sales to assets.
If sales volume expands materially late in the year, days' sales in receivable will be:
a. unaffected by the choice of a natural business year over a calendar year-end. b. understated in one year and overstated in the following period. c. understated. d. overstated.
Which of the following is true of click-and-collect?
a. It requires representatives to sell products door-to-door, in offices, or at in-home sales parties. b. It employs outbound and inbound telephone contacts to sell directly to customers. c. It enables consumers to make their purchases online and pick up their orders from physical stores. d. It allows customers to shop over the Internet and have items delivered directly to their door.
What basic promotion objective can be sought by a producer who has won brand insistence among its target customers?
A. reminding B. informing C. persuading D. communicating E. promoting