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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
2–1. Identify and briefly describe the three broad categories of service activities that most general purpose governments perform.
2–2. Describe how the reporting objectives for governmentÂwide and governmental fund financial statements are different.
2–3. Explain the modified accrual basis of accounting. Why is it used for governmental fund financial statements?
2–4. What are the three categories of funds prescribed by GASB standards and which fund types are included in each? Which basis of accounting is used by each category?
2–5. What is the primary reason that governmental entities need to use funds for financial reporting? How are funds established?
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