MCQ-Day 35 - 76% Flashcards
1
Q
MCQ-00393
A
2
Q
MCQ-12608
A
3
Q
For government wide FS, how are Property Tax revenues that are measurable but not yet available at year end recorded?
A
Deferred inflows of resources
MCQ-04303
4
Q
Unrealized gain on AFS debt securities will appear where?
A
In OCI Net of Tax
(Multiply gain by tax rate)
MCQ-11016
5
Q
In the normal course of business and the note receivable/payable does not exceed over year, what is it recorded at?
A
At Face Value
MCQ-00451
6
Q
Prepaid Insurance
MCQ-00544
A
7
Q
Bonus Method
MCQ-00871
A
