80.2K

Verified Solution

Link Copied!

please help asap

The OMB Compliance Supplement: Multiple Choice Is updated annually. Identifles generic compliance requirements for federal grant awards. Provides grant-specific program compliance requirements for each federal funding source. All of the above items regarding the OMB Compliance Supplement are true. An example of an increase in net assets for a not-for-profit orgonization that would be labeled revenue rather than support is Multiple Choice An unconditional promise to give. Investment income. A restricted gift. An allocation of funds from the local United Way organization. Which of the following statements is not true? Murtiple Ghoice A balanced scorecard is an integrated set of performance targets, both financiat and nonfinanclai, that are derived from an organization's. strategies about how to achileve its goals: Enhancements to electronic data gathering and statistical techniques for analyzing such data allow both private and public sector executives to improve operational efficiency and decision making Service efforts and accomplishments (SEA) reporting links customer (taxpayer and other resource provider) satisfaction to improwements in the operating systems and processes used to provide goods and services. The goal of Enterpeise Ritk Management (ERM) in powernment is to facilitate government operations by ldentifyng woys to mingate identified risks via preventative and control measures, risk transfer, and risk retention. Which of the following account balances would only be reported if a city-owned utility followed regulatory accounting principles? Multiple Choice Depreclation expense. Pumping expense. Restricted Assets-Cash. Utility Piant Acquisition Adjustments

Answer & Explanation Solved by verified expert

See Answer