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WGU C252 Practice Questions Chapter 13, 2024 1. When preparing external financial statements that are in accordance with generally accepted accounting principles, the minimum financial report will include a. Basic financial statements, management's discussion and analysis, and other required supplementary information. b. A comprehensive annual financial report. c. Basic financial statements only. d. Only the financial section of a comprehensive annual financial report. - answer-Basic ...

WGU C252 Practice Questions Chapter 3 2024 1. Which of the following is not a characteristic of the General Fund? a. Is used to account for all financial resources that are not required to be accounted for in another fund. b. Is used by all governments that report governmental fund activities. c. May require combining statement at year-end when a government has more than one General Fund. d. Is established at inception of a government and exists throughout its life. - answer-c. May require...

WGU C252 Practice Questions Chapter 7 2024 1. Which of the following statements is true concerning accounting and financial reporting practices related to capital asset acquisitions? a. Routine capital purchases such as vehicles and equipment often may be financed and accounted for in a General Fund. b. Most capital lease transactions related to governmental funds are accounted for in either the General Fund or a Debt Service Fund. c. Capital Project Funds may be used only for the acquis...

WGU C252 Practice Questions Chapter 2 2024 1. If a government is obligated to legally report information in a manner that differs from GAAP a. GAAP take precedence over the legal requirements. b. Legal requirements take precedence over GAAP. c. Both GAAP requirements and legal requirements must be met. d. Information should be presented that meets as many legal requirements as possible without violating GAAP in a material manner. - answer-c. Both GAAP requirements and legal requirements m...

WGU C252 PA Questions and Answers 2024 1. Which activity is aligned with the actions of a governing body of a governmental and nonprofit organization? a. Resolving differences quickly for dissatisfied constituents b. Ensuring the constituents receive value for their equity shares c. Making decisions based on majority vote of the state legislature d. Providing services on a profitable basis through the private sector - answer-Making decisions based on majority vote of the state legislatur...

BIO 191 UNLV Exam 2 2024 What are the major nutrients that plants must take in for growth? - answer-carbon dioxide, nitrogen, water, potassium What are functions of water in plants? - answer-transport of solutes, source of hydrogen for photosynthesis Green plants extract __ energy from the sun, while animals extracts __ energy from organic compounds. - answer-light energy, chemical energy Flowering plants can be heterotrophic. True or False - answer-True This compound, which is required ...

WGU D074 Principles of Accounting 2024 What is the effect of a company's accounting department maintaining high ethical standards? - answerThe company's accounting information will increase in value. Why might employees be interested in their company's financial accounting information? - answerFinancial statement data are often used in determining employee bonuses. What group establishes financial accounting rules in the United States? - answer-Financial Accounting Standards Board ...

BSG Comprehensive Exam (Fall) 2024 The benefits of pursuing a strategy of social responsibility and corporate citizenship include - answer-· The positive impact that such a strategy has on the company's image rating, provided the company spends a meaningful amount on socially responsible activities and such spending is sustained over a multi-year period If a company's managers want to succeed in creating a differentiation-based competitive advantage (And a potential cost advantage i...

WGU C426 PRE-ASSESSMENT: HEALTHCARE VALUES AND ETHICS PKEC 2024 In a hospital setting, a caregiver must inform a patient there is no cure for the patient's disease. To avoid possibly causing serious psychological harm by telling the patient, "There is nothing else I can do for you," the caregiver tells the patient, "Although there is currently no cure for your disease, I will treat your symptoms and make you more comfortable. I will also keep you informed as to any significant ...

WGU C426 Healthcare Values and Ethics 2024 Ethics is important in that it helps individuals how to be with and accepted ___________, principles, and values and how we live in harmony with the environment and one another. - answer-Boundaries A form of ethics in which an individual's personal view of right and wrong, commonly based on personal life experiences, is often referred to as ________ ethics. - answer-Micro We study ethics to aid us in making ________ judgments, good decisions, a...