Governmental Acct. Chapter 1 Homework 1-1) What justifies the different accounting & financial reporting practices of gvmt. & not-for-profit organizations as compared with business organizations? The fact that governments may have a monopoly on the services that they provide and the taxpayers must provide resources to them regardless of what they are‚ and efficiency is hard to measure as well as the quantity or quality of the services. 1-2) Describe the principal differences that distinguish
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ECOS2002 – Intermediate Macroeconomics Tutorial Questions Topic: ‘Fiscal Policy and the Open Income-Expenditure Model’ Tutorial 2: Week 4 (19-23 August) NB: The readings for this tutorial are indicated in Topic 2 of the reading guide. 1. In the Keynesian theory of output what is mechanism that brings about the equilibrium level of output determined by aggregate demand? 2. ‘The stance of fiscal policy cannot be measured by the size of the actual budget deficit.’ Why
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1028. One indicia of independent contractor (rather than employee) status is when the individual performing the services is paid based on tasks performed (rather than time spent). *a. True b. False 1029. In some cases it may be appropriate for a taxpayer to report work-related expenses by using both Form 2106 and Schedule C. *a. True b. False 1030. The IRS will issue advanced rulings as to whether a worker’s status is that of an employee or an independent contractor. *a. True b
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safeguarding assets F. Installing virus cleaning software on all computers- safeguarding assets G. Locking filing cabinets with sensitive documents- safeguarding assets H. Performing background checks on employees- safeguarding assets I. Reconciling the bank statements monthly-ensuring financial statement reliability J. Requiring all management employees to take annual vacations-promoting operational efficiency. 10) 1) The computer center was located on the first floor of a building that had two
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CHAPTER 1 What Is the Theatre? MULTIPLE-CHOICE QUESTIONS Please choose the best answer for the following questions. 1. The word “theatre” comes from the Greek theatron‚ which means a. acting place. b. seeing place. c. singing place. d. listening place. The word “drama” comes from the Greek dran‚ which means a. to make. b. to play. c. to do. d. to dance Which of the following is NOT a possible meaning of “theatre”? a. the building where the play is performed. b. the company of players. c. the stage
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When it comes to intermediate sanctions there are positive to it and there are negatives. One positive thing that comes from intermediate sanctions is that it lowers the costs that we have to pay for people in prison. If these people are not going to prison and are going under house arrest they are having to pay for their food and most other things themselves instead of having it provided for them. Another positive is that being on these types of programs these people will learn that if they want
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Chapter 8-Workplace Violence MULTIPLE CHOICE 1. Why was Grant’s law created? a. to reduce the cost of H&S claims b. to reduce the potential of violence in healthcare c. to reduce the risk of violence for gas station attendants d. to raise awareness of workplace violence ANS: c PTS: 1 REF: p. 196 2. Approximately how many workplace homicides occur in Canada each year? a. 7 b. 14 c. 21 d. 55 ANS: b PTS: 1 REF: p. 196 3. Which of the following statements BEST defines how
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Not-for-profit organizations also provide financial information to external users such as citizen groups and donors. As an individual‚ you provide financial information to the internal revenue service and to creditors when you seek a loan. 2. Accounting is often thought of as the “language” used to communicate financial information about a business. The primary method that profit-oriented companies use to provide financial information to investors‚ creditors‚ and other external parties is through
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Chapter 12 Managing and Pricing Deposit Services Fill in the Blank Questions 1. A(n) _________________________ requires the bank to honor withdrawals immediately upon request. Answer: demand deposit 2. A(n) _________________________ is an interest bearing checking account and gives the bank the right to insist on prior notice before customer withdrawals can be honored. Answer: Negotiable order of withdrawal (NOW) 3. A(n) _________________________ is a short-maturity
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offender must prove to the parole board he or she has been rehabilitated and are no longer a danger to society. Over the years the United States jurisdictions and judges offer intermediate sanctions to probationers (offenders who are released from detention under supervision due to a period of good behavior). The objective of intermediate sanctions in the criminal justice practice is to create stability among various offenders. These sanctions are mid-range dispositions that fall between probation and incarceration
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