At the end of the fiscal year, Palm City was trying to determine which of its funds would be required to be reported as major funds in accordance with GASB standards. Palm City has provided the information for all of its governmental and enterprise funds that is needed to determine major fund classification in accordance with GASB standards. Select "Yes" if the funds should be classified as major or "No" otherwise. Fund Name Governmental Funds General Fund Health & Human Services Fund Community Development Fund Debt Service Fund Enterprise Funds Utility City Airport Golf Course Total Assets $ 462.2 110.7 220.5 70.8 639.4 5,419.5 48.9 10% 5% Criterion Criterion Yes No Total Liabilities $ PALM CITY As of fiscal year end 52.8 11.9 20.9 6.1 97.5 5,017.3 8.6 10% Criterion 5% Criterion Total Expenditures / Expenses $ 915.9 118.8 28.4 132.4 104.1 616.7 19.6 10% Criterion 5% Criterion LLLL

But why? for number 3

Zina Manufacturing Company started and completed Job 501 in December with the following Job Cost Sheet and transferred it to the warehouse. Direct Materials Date Dec 17 Dec 30 Total Direct Labor Amount Date Amount $2,000 Dec 20 $4,000 8,000 Dec 30 3,800 Total Job Cost Sheet - Job No. 501 Total Cost The journal entry to record the transaction is A) WIP Inventory FG Inventory B) Cost of Goods Sold WIP Inventory C) FG Inventory WIP Inventory D) FG Inventory WIP Inventory Debit Credit 35,800 17,800 17,800 Manufacturing Overhead Date Amount Dec 24 $10,000 Dec 30 8,000 Total 35,800 35,800 17,800 17,800 35,800

G and H are mutually exclusive events. P (G) = 0.5   P (H) = 0.3   P( H | G) = 0.6   Find P (H OR G) Are G and H independent or dependent events? why?