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Author Archives: Anonymous

When an economic downturn occurs as a result of shifting inv…

When an economic downturn occurs as a result of shifting investment and employment resulting from global sourcing:

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The categorical imperative is associated with:

The categorical imperative is associated with:

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Which of the following drinks are most preferred by students…

Which of the following drinks are most preferred by students to relieve a headache?

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The way firms buy is influenced by:

The way firms buy is influenced by:

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Dental plaque is an example of

Dental plaque is an example of

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List the following taxonomic categories from the most specif…

List the following taxonomic categories from the most specific to the most general: species, genus, domain, family, class, kingdom, phylum, order.

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 The City of Aurora increased its revenue budget by $75,000…

 The City of Aurora increased its revenue budget by $75,000 and the appropriation for the Public Works Department was increased by $100,000.  What is the journal entry to record this event in the General Fund? A. Estimated Revenues         75,000      Fund Balance-unassigned  25,000                     Appropriations            l             100,000 B. Appropriations                 100,000            Estimated Revenues                                              75,000            Budgetary Fund Balance                                         25,000 C. Estimated Revenues              75,000      Budgetary Fund Balance       25,000        Appropriations                                                           100,000 D. Estimated Revenues              75,000                          Appropriations                                        75,000

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Which of the following is true regarding the governmental fu…

Which of the following is true regarding the governmental fund financial statements? A. The governmental fund financial statements include the Balance Sheet and the Statement of Revenues, Expenditures, and Changes in Fund Balances. B. The governmental fund financial statements include the Balance Sheet and the Statement of Revenues, Expenditures, and Changes in Fund Balances. C. Both of the above. D. Neither of the above.

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Which of the following is identified by the GASB as the “cor…

Which of the following is identified by the GASB as the “cornerstone” of all financial reporting in government? A. Understandability.B. Representational faithfulness.C. Accountability.D. Interperiod equity. 

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Governmental-type funds label the excess of assets over liab…

Governmental-type funds label the excess of assets over liabilities on the balance sheet as:  A. Net Position B. Net Fund Balance and Liabilities C. Assets Net of Liabilities D. Fund Balance

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