Maurice Tutor

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About Maurice Tutor

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Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 03 Aug 2017 My Price 12.00

Statement of functional expenses

      (TCO A) Which of the following statements should be prepared by all not-for-profit organizations? (Points : 5)       

(A) Statement of functional expenses
(B) Statement of revenues, expenses, and changes in net position
(C) Statement of financial position
(D) Both A and B

 

Question 2. 2. (TCO B) Which of the following is not a characteristic of a fund as defined by GASB Standards? (Points : 5)
       (A) An accounting entity.
       (B) A fiscal entity.
      (C) A segregated quantity of cash and other financial resources on deposit with a designated trustee.
       (D) A self-balancing set of accounts.

 

Question 3. 3. (TCO C) When the budget of a government is recorded and when appropriations exceeds estimated revenues, the budgetary fund balance account is (Points : 5)

       (A) credited at the beginning of the year and debited at the end of the year.
      (B) credited at the beginning of the year and no entry is made at the end of the year.
     (C) debited at the beginning of the year and no entry is made at the end of the year.
    (D)   debited at the beginning of the year and credited at the end of the year.

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Aug 2017 08:08 PM My Price 12.00

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