ACCT567 Week 5 Test All Questions and Answers

Apr 23rd, 2015
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ACCT567 Week 5 Test All Questions and Answers

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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 FundInternal Service FundAdvance FundAgency FundChapter 72.Question :(TCO F) Government units use which fund type to account for services provided to the general public on a user-fee basis?General FundEnterprise FundInternal Service FundPermanent FundChapter 23.Question :(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)Private-Purpose Trust Fund.Investment Trust Fund.Pension Trust Fund.Agency Fund.Chapter 84.Question :(TCO H) Which of the following would be considered a performance audit under the Governmental Auditing Standards?:An investigation into whether a social service agency of a state government improved the lives of the clients.An investigation into whether a purchasing department of a government was operated efficiently.Both of the aboveNeither of the aboveChapter 125.Question :(TCO J) Which of the following kinds of information would not be provided by management's discussion and analysis (MD&A)?:A description of the government's fina

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