ACC 574 help A Guide to career/Snaptutorial ACC 574 help A Guide to career/Snaptutorial | Seite 3

2.
3.
4.
Government mandated nonexchange revenue
Imposed tax revenue
Derived tax revenue
6) Which of the following is a characteristic that distinguishes
government and not-for-profit (G&NP) organizations from business
enterprises?
1.
Accumulating wealth on behalf of its constituents is a key
goal of G&NP organizations and business enterprises.
2.
Net income is an appropriate performance evaluation
measurement for most of these organizations.
3.
The resource providers of G&NP organizations often do not
receive services commensurate with the amount of resources they
provide.
4.
Borrowing is not a significant source of financing.
7) Which of the following is not specifically identified in the GAAP
hierarchy for state and local governments?
1.
2.
3.
4.
GAO’s Yellow Book
GASB Implementation Guides
GASB Technical Bulletins
AICPA Industry Audit and Accounting Guides
8) The purpose of encumbrance accounting is to
1.
2.
3.
4.
prevent government waste
replace expense accounting in governments
avoid expenditures exceeding appropriations
manage a government’s cash flows
9) The governmental GAAP hierarchy was established by