firms not for profit organizations and merchandisers

... to establish accounting and financial reporting standards for: 1. A) Federal government 2. B) Private not-for-profits Trang 73. C) Public not-for-profits4. D) State and local governments Under ... Financial Accounting Standards Board (FASB) is the standard setting organization for which of the following reporting organizations? 1. A) Private not-for-profits 2. B) Public not-for-profits 3. C) ... Bank for Essentials of Accounting for Governmental and Not for Profit Organizations 12th Edition by Copley Multiple Choice Questions The FASAB has the authority to establish accounting and

Ngày tải lên: 09/03/2017, 08:42

... Bank for Essentials of Accounting for Governmental and Not for Profit Organizations 12th Edition by Copley Multiple Choice Questions The Financial Accounting Standards Board (FASB) is the standard ... setting organization for which of the following reporting organizations? 1. A) Private not-for-profits 2. B) Public not-for-profits 3. C) Investor owned businesses 4. D) A and C are both correct ... 4. D) all governmental units and all not-for-profit organizations Trang 2What are Enterprise funds used for? 1. A) To account for pension and employee benefit funds for which the governmental unit

Ngày tải lên: 09/03/2017, 08:43

... accounting and financial reporting standards for: 1. A) Federal government 2. B) Private not-for-profits 3. C) Public not-for-profits 4. D) State and local governments The Governmental Accounting Standards ... accounting and financial reporting standards for: 1. A) all governmental units and agencies 2. B) federal, state, and local governments 3. C) all governmental units and all not-for-profit organizations ... Trang 179 Test Bank for Essentials of Accounting for Governmental and Not for Profit Organizations 10th Edition by Copley Multiple Choice Questions GASB standards contain all of the

Ngày tải lên: 09/03/2017, 08:49

... Financial Accounting Standards Board (FASB) is the standard setting organization for which of the following reporting organizations? 1. A) Private not-for-profits 2. B) Public not-for-profits 3. C) ... authority to establish accounting and financial reporting standards for: 1. A) Federal government 2. B) Private not-for-profits 3. C) Public not-for-profits 4. D) State and local governments Which ... 4. D) Internal service The _ sets the accounting and financial reporting standards for both state and local governments and public not-for-profits 3. C) GASB Capitalized fixed assets are reported

Ngày tải lên: 10/03/2017, 11:19

... state, and local governments and governmentally-owned utilities, authorities, hospitals, and colleges and universities 3 C)all governmental units and all not-for-profit organizations 4 D)state and ... authority to establish accounting and financial reporting standards for: 1 A)Federal government 2 B)Private not-for-profits 3 C)Public not-for-profits 4 D)State and local governments Proprietary ... D)Public not-for-profits Trang 2The Governmental Accounting Standards Board has been given authority to establish accounting and financial reporting standards for: 1 A)all governmental units and

Ngày tải lên: 10/03/2017, 11:20

... authority to establish accounting and financial reporting standards for: 1 A) Federal government 2 B) Private not-for-profits 3 C) Public not-for-profits 4 D) State and local governments Which of ... accounting and financial reporting standards for: 1 A) all governmental units and agencies. 2 B) federal, state, and local governments. Trang 83 C) all governmental units and all not-for-profit organizations.4 ... Financial Accounting Standards Board (FASB) is the standard setting organization for which of the following reporting organizations? 1 A) Private not-for-profits 2 B) Public not-for-profits 3 C) Investor

Ngày tải lên: 27/03/2017, 08:03

... Test Bank for Essentials of Accounting for Governmental and Not for Profit Organizations 12th True False Questions Free Text Questions -Multiple Choice Questions Governmental funds do not include: ... organization for which of the following reporting organizations? 1 A) Private not-for-profits 2 B) Public not-for-profits 3 C) Investor owned businesses 4 D) A and C are both correct. Which of the following ... Private not-for-profits 3 C) Public not-for-profits 4 D) State and local governments Which of the following is an environmental difference between governments and for-profit business enterprises?

Ngày tải lên: 27/03/2017, 08:03

... accounting and financial reporting standards for: 1 A)Federal government 2 B)Private not-for-profits 3 C)Public not-for-profits 4 D)State and local governments Which of the following is not a fiduciary ... Financial Accounting Standards Board (FASB) is the standard setting organization for which of the following reporting organizations? 1 A) Private not-for-profits 2 B) Public not-for-profits 3 C) Investor ... utilities, authorities, hospitals, and colleges and universities 3 C)all governmental units and all not-for-profit organizations. 4 D)state and local governmental entities, and governmentally-owned utilities,

Ngày tải lên: 27/03/2017, 08:26

... is not a reason for this difference? A) The two statements have different bases of accounting B) Capital assets used in government operations are not financial resources and therefore are not ... main sections: introductory, financial, and statistical B) Required Supplementary Information includes a Budgetary Comparison Schedule for the General Fund and all major special revenue funds that ... resources and therefore are not reported in the funds C) Some liabilities are not due and payable in the current period and are not reported C) Blending is used to incorporate component units when those

Ngày tải lên: 24/10/2017, 14:55

... is not a reason for this difference? A) The two statements have different bases of accounting B) Capital assets used in government operations are not financial resources and therefore are not ... items that are both unusual and infrequent and are not under the control of management B) Transfers between governmental and business type activities are eliminated and do not appear on the government-wide ... resources and therefore are not reported in the funds C) Some liabilities are not due and payable in the current period and are not reported Trang 1167 Which of the following is true regarding GASB's

Ngày tải lên: 24/10/2017, 14:55

... Financial Accounting Standards Board (FASB) is the standard setting organization for which of the following reporting organizations? 1 A) Private not-for-profits 2 B) Public not-for-profits 3 C) Investor ... 1Test Bank for Essentials of Accounting for Governmental and Not for Profit Organizations 11th EditionWhich of the following is most correct with regard to Management's Discussion and Analysis ... information may not be required, if presented, it must follow GASB guidance regarding its format and content 1 True 2 False The format and content of supplementary information which is not

Ngày tải lên: 14/11/2017, 16:04

... Model for Public Colleges and Universities and Other Not- for- Profit Organizations Reporting under GASB” (now Chapter 15), and • “E-Business for Not- for- Profit Organizations: How Can Not- for- Profits ... Most of not- for- profit accounting is no different from for- profit accounting The primary area which is different for not- for- profit organizations is accounting for contributions For- profit corporations ... Financial and Accounting Guide for Not- for- Profit Organizations Seventh Edition Financial and Accounting Guide for Not- for- Profit Organizations Seventh Edition Malvern...

Ngày tải lên: 13/03/2014, 23:41

... Private organizations are not owned or controlled by governments and include businesses as well as private not- for- profit organizations Not- for- profit organizations lack a residual ownership claim and ... 11, and 12 deal primarily with private not- for- profit organizations Chapter 13 discusses auditing and tax-related issues unique to governments and private not- for- profits and also evaluates performance ... libraries, and performing arts organizations that are owned or controlled by governments Accounting and financial reporting standards for profit- seeking businesses and for nongovernmental not- for- profit...

Ngày tải lên: 20/06/2014, 20:20

... $748,800 and revenues from business licenses were $137,202 Expenditures were $499,200 for general government, $131,345 for parks and recreation, $91,600 for sanitation, and $157,333 for streets and ... Statement 54: • General Fund Accounts for and reports all financial resources not accounted for and reported in another fund • Special Revenue Funds Account for and report the proceeds of specific ... approves the fiscal year budget for the General Fund City departments issue purchase orders for goods and services Goods and services are received and invoices are presented for payment Journal Entries...

Ngày tải lên: 20/06/2014, 20:20

... licenses and permits, fines and forfeits, intergovernmental revenue, charges for services, and other sources not susceptible to accrual are recognized on the cash basis Collections for the year ... Accounting for the General and Special Revenue Funds 91 Interfund Services Provided and Used Interfund services provided and used represent transactions involving sales and purchases of goods and services ... pay for the period amounted to $78,000 for employees’ state income tax withholdings and $686,000 due to the federal government ($430,000 for federal income tax withholdings and $256,000 for the...

Ngày tải lên: 20/06/2014, 20:20

... statements prepared for commercial businesses and private not- for- profit organizations Apago PDF Enhancer Accounting for Municipal Solid Waste Landfills Many of the solid waste landfills in the United ... to business organizations (FASB statements and interpretations applicable only to not- for- profit organizations not apply to governments) The option chosen must be disclosed in the notes Apago ... between GASB requirements and the requirements by FASB for businesses and nongovernmental, not- for- profit organizations First, cash flow statements for proprietary funds of government have four categories,...

Ngày tải lên: 20/06/2014, 20:20

... entities, public school systems, other not- forprofit entities (e.g., museums), and public colleges and universities may be considered special-purpose entities for financial reporting purposes Chapter ... create separate foundations, legally separate not- for- profit organizations, to receive and administer some or all of the following: contributions, research, and athletics These foundations are commonly ... Included are land, buildings for academic and auxiliary enterprise purposes, research and other equipment, improvements other than buildings (infrastructure), library books, and collections and other...

Ngày tải lên: 20/06/2014, 20:20

... SUMMARY AND CONCLUSIONS REGARDING HEALTH CARE ACCOUNTING AND REPORTING Health care entities may be private, not- for- profit, governmental, or commercial (for- profit) Private, not- for- profit, and commercial ... HCA and other private for- profit health care organizations follow FASB standards excluding those written specifically for not- for- profits While the three types of health care organizations follow ... equally to private not- for- profit, governmentally owned, and investor-owned health care organizations. 1 This chapter concentrates on reporting by private not- for- profit health care organizations, ...

Ngày tải lên: 20/06/2014, 20:20

... Tax-Exempt Organizations, and Evaluating Performance 387 and (3) the use of financial and nonfinancial measures to evaluate the performance and financial position of government and not- for- profit organizations ... that provide exemption for certain types of not- for- profit organizations, discusses and illustrates the tax form that is used for many of these organizations (Form 990), and concludes by examining ... governments and for not- forprofit organizations The American Institute of Certified Public Accountants issued Statement of Position 98–3, Auditing of States, Local Governments, and Not- forProfit Organizations...

Ngày tải lên: 20/06/2014, 20:20

... plant acquisition, and term endowments net assets—unrestricted (governmental and not- for- profit) Used in accounting for govern- organizations indicating Apago PDF mental and not- for- profitthat is ... matrix format, expenses reported by function (q.v.) and expenses reported by object (q.v.) Required by the FASB for voluntary health and welfare organizations and recommended for other not- for- profit ... of Not- for- Profit Organizations, which provides guidance for private-sector colleges and universities, voluntary health and welfare organizations, and other not- for- profit organizations, excluding...

Ngày tải lên: 20/06/2014, 20:20