1.\tQuestion :\t(TCO F) Any activities that produce goods or services to be provided to other departments or other governmental units would be reported in which fund?\tEnterprise Fund\tInternal Service Fund\tAdvance Fund\tAgency Fund\t2.\tQuestion :\t(TCO F) Government units use which fund type to account for services provided to the general public on a user-fee basis?\tGeneral Fund\tEnterprise Fund\tInternal Service Fund\tPermanent Fund\t3.\tQuestion :\t(TCO G) A fund that is the result of an agreement between a contributor and a government that the principal and\/or income of trust assets that is for the benefit of individuals, organizations, or other governments is a(n)\tPrivate-Purpose Trust Fund.\tInvestment Trust Fund.\tPension Trust Fund.\tAgency Fund.\t4.\tQuestion :\t(TCO H) Which of the following would be considered a performance audit under the Governmental Auditing Standards?\t:\tAn investigation into whether a social service agency of a state government improved the lives of the clients.\tAn investigation into whether a purchasing department of a government was operated efficiently.\tBoth of the above\tNeither of the above\t5.\tQuestion :\t(TCO J) Which of the following kinds of information would not be provided by management’s discussion and analysis (MD&A)?\t:\tA description of the government’s financial condition.\tA discussion of economic factors and the budget and tax rates approved for the next year.\tA forecast of revenues and expenditures for the next three fiscal years.\tA narrative explanation of the contents of the CAFR.\t6.\tQuestion :\t(TCO H) Which of the following would be considered “contribution revenue or support”\ufffd of a not-for-profit organization?\tMonies received from a fund-raising campaign.\tInvestment earnings.\tMoney received from rental of surplus office space.\tGain on disposal of capital assets.\t7.\tQuestion :\t(TCO H) Describe the different types of governmental audits and attestation engagements.\t8.\tQuestion :\t(TCO F) Internal Service Fund, Statement of Cash Flows. Prepare a statement of cash flows for the internal service fund for the city of Pearman from the following information:<\/p>\n","protected":false},"excerpt":{"rendered":"
1. Question : (TCO F) Any activities that produce goods or services to be provided to other departments or other governmental units would be reported in which fund? Enterprise Fund Internal Service Fund Advance Fund Agency Fund 2. Question : Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-201463","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/201463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=201463"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/201463\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=201463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=201463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=201463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}