What is the difference between a component unit and a special purpose local government?
What will be an ideal response?
Special purpose local governments may be stand-alone local governments or may be component units of a general-purpose government. The GASB tests for component units are intended to determine whether to include a related entity in the financial report of a general-purpose government. The determination of the type of special purpose entity is necessary to identify what financial statements must be issued for a special purpose entity that for one reason or another is issuing its own (separate) financial report.
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Http
a. is the document format used to produce Web pages. b. controls Web browsers that access the Web. c. is used to connect to Usenet groups on the Internet d. is used to transfer text files, programs, spreadsheets, and databases across the Internet. e. is a low-level encryption scheme used to secure transmissions in higher-level () format.
Compare and contrast closed-ended questions and open-ended questions for gathering data
What will be an ideal response?
Excess reserves are affected by? 1. reserve requirements 2. the repayment of existing bank loans 3. cash withdrawals?
A. ?1 and 2 B. ?1 and 3 C. ?2 and 3 D. ?1, 2, and 3
What is the basic purpose of most cooperatives?
A) to make a profit for its members B) to provide a service to its members C) to pay dividends to its members D) to make a profit for its customers E) to pay dividends to its customers