Acc 407 exam 1 - Study guides, Class notes & Summaries

Under GASB Statement 34, accrual accounting is used for: A. government-wide financial statements only. B. government-wide financial statements and proprietary fund financial statements only. C. government-wide, proprietary fund, and fiduciary fund financial statements only. D. government-wide and all fund financial statements. - ANSWER C. government-wide, proprietary fund, and fiduciary fund financial statements only. The Governmental Accounting Standards Board is assigned responsibili...

Under GASB Statement 34, accrual accounting is used for: A. government-wide financial statements only. B. government-wide financial statements and proprietary fund financial statements only. C. government-wide, proprietary fund, and fiduciary fund financial statements only. D. government-wide and all fund financial statements. - ANSWER C. government-wide, proprietary fund, and fiduciary fund financial statements only. The Governmental Accounting Standards Board is assigned responsibil...

Under GASB Statement 34, accrual accounting is used for: A. government-wide financial statements only. B. government-wide financial statements and proprietary fund financial statements only. C. government-wide, proprietary fund, and fiduciary fund financial statements only. D. government-wide and all fund financial statements. - ANSWER C. government-wide, proprietary fund, and fiduciary fund financial statements only. The Governmental Accounting Standards Board is assigned responsibility f...

T/F 1. Expenditures for a weight reduction program are deductible if recommended by a physician to treat a specific medical condition such as hypertension caused by excess weight. - ANSWER t T/F Cosmetic surgery is not deductible unless such surgery is necessary to correct a deformity arising from a congenital abnormality, a personal injury resulting from an accident or trauma, or a disfiguring disease. - ANSWER true T/F 3. Expenditures incurred in removing structural barriers in t...

T/F 1. Expenditures for a weight reduction program are deductible if recommended by a physician to treat a specific medical condition such as hypertension caused by excess weight. - ANSWER t T/F Cosmetic surgery is not deductible unless such surgery is necessary to correct a deformity arising from a congenital abnormality, a personal injury resulting from an accident or trauma, or a disfiguring disease. - ANSWER true T/F 3. Expenditures incurred in removing structural barriers in the home ...

1. The first-line treatment for cough related to a upper respiratory infection in a five-year-old is: 2. Pregnant patients with asthma may safely use ____ throughout their pregnancies. 3. A stepwise approach to the pharmacologic management of asthma: 4. Infants with reflux are initially treated with: 5. Many patients self-medicate with antacids. Which patients should be counseled to not take calcium carbonate antacids without discussing with their providers or a pharmacist first? 6. Second-...

1. The first-line treatment for cough related to a upper respiratory infection in a five-year-old is: 2. Pregnant patients with asthma may safely use ____ throughout their pregnancies. 3. A stepwise approach to the pharmacologic management of asthma: 4. Infants with reflux are initially treated with: 5. Many patients self-medicate with antacids. Which patients should be counseled to not take calcium carbonate antacids without discussing with their providers or a pharmacist first? 6. Second-...