What is meant by the dual-track approach

Assignment Help Accounting Basics
Reference no: EM13136400

What is meant by the dual-track approach of accounting for the government-wide level besides the fund level, and how does it compare to a worksheet approach?

Reference no: EM13136400

Questions Cloud

Role of american ideals in us national security policy : What role should America's ideals play in its national security policy? Include historical, current, and hypothetical cases in the analysis.
How much water should you add : you have 505ml of a .170m HCL solution and you want to dilute it to exactly .100M. how much water should you add?
Provide specific examples of accounting information : Provide specific examples of accounting information that might be useful in assessing Michael Porter's cost leadership competitive strategy.
Single-member district election : What is the difference between a single-member district election and that of an at-large system? Why have minorities groups gone to the Supreme Court to outlaw the at-large system?
What is meant by the dual-track approach : What is meant by the dual-track approach of accounting for the government-wide level besides the fund level, and how does it compare to a worksheet approach?
How liability for outstanding premiums should be recorded : If the bowls cost Palmer Company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?
Find the mean and median of the times : Management of the restaurant is concerned with the time a patron must wait before being seated for dinner. Explain why the times are a population? Find the mean and median of the times.
How many milliliters of a k3po4 soln must be used : How many milliliters of a 533 mL solution of 1.3 M K3PO4 must be used to make 316 mL of a solution that has 0.79 moles of K+?
What amount of forcos interest income is us source : ForCo, a foreign corporation, receives interest income of $100,000 from USCo, an unrelated domestic corporation. USCo has historically earned 85% of its income from foreign sources. What amount of ForCo’s interest income is U.S. source?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Why is it the gaap approved method

If the absorption costing method can be misleading, and it is not suitable with the CVP, why is it the GAAP approved method? How about international standards, What is the treatment under IFRS?

  How should clyde treat payment on his 2010 tax return

This is a tax research problem - Clyde had work for many years as the chief executive of Red Industries, and had also been a major shareholder. Clyde and the company had a falling out, and Clyde was terminated.

  Business ethics-ethics in selling

For many months your prospective ERP customer has been analyzing the hundreds of assumptions built into the $800,000 ERP software you are selling. So far, you have knocked yourself out to try to make this sale.

  Calculate the interest revenue from this transaction

What interest rate should be used to calculate the interest revenue from this transaction for the years ended December 31, 2011 and 2012, respectively?

  Personal privacy and confidentiality in banking

Discuss the conflict between the need for personal privacy and confidentiality in banking transactions and the need for the government to curtail money laundering activities.

  Goals of financial management

Explain the goals of financial management. The description must include how earnings are valued, how shareholder wealth can be maximized, and how management decisions affect stockholder wealth.

  Annual manufacturing overhead cost budget

The following information was taken from the annual manufacturing overhead cost budget of Coen Company.

  Calculate the effect of the adjustments

Calculate the ratios for 2014 as Gross Profit Margin B. Profit Margin, Return on Assets and Current Ratio - calculate the effect of each of the adjustments on the profit figure of $63,500 as shown in Michael's draft accounts.

  Total selling expenses for the specific month

For March, sales revenue is $800,000; sales commissions are 4% of sales; the sales manager's salary is $80,000; advertising expenses are $75,000; shipping expenses total 1% of sales; and miscellaneous selling expenses are $2,100 plus 3/4 of 1% of ..

  What is the amount of sj corporations loss

Jennie purchased 50 percent of the shares of SJ Corporation, a calendar year S corporation, for $7,000. She also guaranteed a corporate loan of $6,000. For 2011, SJ Corporation had an operating loss of $22,000. What is the amount of SJ Corporation..

  Determining the losses claim

During 2012, Lorraine sold the following assets: business equipment for a $8,000 loss, stock investment for a $10,000 loss, and her principal residence for a $26,000 loss. how much of these losses may Lorraine claim on her 2012 return?

  How the act has attempted to change human behavior

The Sarbanes-Oxley Act of 2002 (SOX) was the catalyst for significant changes in the accounting profession and financial world. One objective of SOX was to deter fraudulent activity within an organization.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd