If the government expects that a substantial portion of the resources supporting a special revenue fund's activities will no longer be derived from restricted and committed revenue sources, the government should discontinue the use of a special revenue fund and report the fund's remaining resources in the General Fund.
Answer the following statement true (T) or false (F)
True
If the government expects that a substantial portion of the resources supporting a special revenue fund's activities will no longer be derived from restricted and committed revenue sources, the government should discontinue the use of a special revenue fund and report the fund's remaining resources in the General Fund.
You might also like to view...
Customer-perceived value is the perceived monetary value of all the purchases a customer makes on an annual basis
Indicate whether the statement is true or false
The Orbus company has a 30,000 unrealized gain and a 10,000 unrealized loss. Where would Orbus company report these transactions?
a. only in non-current assets and liabilities. b. in stockholders' equity. c. other comprehensive income d. on the balance sheet as a current asset
Since service desks perform different functions and support different industries, there are not common categories for data captured.
Answer the following statement true (T) or false (F)
All but which of the following may be used as collateral in a secured transaction under UCC Revised Article 9?
a. Bank deposit accounts. b. Personal injury tort claims of individuals. c. Tort claims of a corporation. d. A computer program if, by purchasing a computer, the buyer of the computer acquires the right to use that embedded program. e. Both b and c.