will there be an instance where in the government may consider as primary user? please provide example

Q: Which of the following is not a financial factor affecting the location decision? The availability…

A: Location decision is one of the most important decisions with regard to the set up of the business…

Q: which concerns with revenue and disbursement of government such as central government , state…

A: Finances are referred as the management of money from investing activities, borrowing, lending,…

Q: w does a company determine if it should use an ABO, PBO, or VBO calculation? Is the determination…

A: ABO The estimated amount of a company's pension plan commitment at any one time is known as the…

Q: Discuss the role of the government in supporting MFIs to realize the intended goals citing what MFIs…

A: MFIs is the abbreviation used for Micro financing Institutions which are the financial organizations…

Q: Discuss the concept of taxation and it's necessity for every government.

A: Taxation is the process of governments levying mandatory taxes on individuals or businesses. Taxes…

Q: What databases are appropriate for government accounting?

A: The term "Government Accounting" refers to recording & analyzing all income , expenses &…

Q: What are the key sources of revenues among the federal, state, and local governments? What are the…

A: Federal Government revenue comes from individual income taxes, corporate income taxes, and payroll…

Q: Which of the following is not necessary for a special purpose local government to be viewed as a…

A: The GASB is the board that provides the guideline to the governmental units about proper accounting…

Q: expenditure and ho

A: Reasons for India's rising govt expenditures include: (i) Development Programs: The majority of…

Q: Briefly describe the service type activities that most general purpose governments perform?

A: Governmental accounting standard board is established in United States, used by the state and local…

Q: Under what condition is the modified approach applied by a state or local government?

A: Accrual basis of accounting: Accrual basis of accounting refers to recognizing the expenses and…

Q: on. You are required to Explain the measures that govern

A: Taxes are mandatory or monetary charges that the government imposes on individuals or organizations…

Q: What is a special assessment? How does funding for a special assessment capital improvement differ…

A: Special assessments projects occur when the state or local government decide to offer improvements…

Q: Can you explain and give examples of the key state assets that fall in the federal government…

A: Answer:-  Stewardship of state resources meaning:- The term "stewardship of state resources" refers…

Q: What is civil law, and what does it accomplish? What are the primary examples of public law?

A: Civil law is a subpart of law. Civil law is a legal system built upon Corpus Juris Civilis, the…

Q: Which of the following is not an inherent power of a government?

A: The inherent power of a government are:- 1. Eminent domain  2. Police power 3. Taxation

Q: Special purpose governments differ from general purpose governments in that special purpose…

A: Answer:

Q: Identify the following users as either external users (E) or internal users (I). FBI and IRS

A: Internal User Internal Users are the people within the organization who use the financial…

Q: Government NBFI?

A: NBFI -: A NBFI is a non-banking financial institution or non-bank financial corporation (NBFC) is a…

Q: ndholders. areholders. areholders and the federal government.

A: Interest tax sheild is the reduced cost of capital due to the advantages of tax deductions.

Q: What is the federal counterpart of the state and local government "encumbrance"? Select one: a.…

A: Encumbrances represent amounts a government has committed to pay for goods or services that were not…

Q: xample?

A: Introduction: Fund accounting is said as a system which put that place in order to recording  the…

Q: Which of the following is necessary for a special purpose local government to be viewed as a primary…

A: Introduction:   The GASB is the board that provides the guideline to the governmental units about…

Q: Explain the oman government unit , Business type and fiduciary type with explain?

A: Governmental units are described as agencies, board, division, department, political subdivision,…

Q: The objective of a government is to provide services to its citizens a. True b. False

A: The public sector entities being established by the government of the particular state or city for…

Q: Identify three ways that governments can alter their tax system to increase revenues.

A: please like the answer your response matters  Taxation is the main source of revenue for government.…

Q: Explain the difference between expenses and expenditures in a state and a local government.

A: Given: The difference between the state and local government’s expenses and expenditures are given.…

Q: What are property, rights and contract enforcement in rationale for government intervention?

A: The government generally assigns the property rights for the properties when they are exclusively…

Q: What are the basic financial statements that a state or local government now produces?

A: The following are the basic financial statements that a state or local government now produces:…

Q: What are the salient features and changes in the Government Accounting Manual? What problems or…

A: Government accounting manual shows and presents the guidelines and basic accounting policies and…

Q: What does the management’s discussion and analysis (MD&A) normally include? Where does a…

A: Management Discussion and Analysis (MD&A):   Management Discussion and Analysis (MD&A) is…

Q: give the definition, recognition, measurement and derecognition of "government grant"

A: International Financial Reporting Standards, generally called IFRS, are the accounting standards…

Q: arbanes Oxley been an effective piece of le

A: Yes, even if the results aren’t staggering and as relevant because the act hoped for, the act has…

Q: What are government expenditures

A: Government Expenditure multiplier factor is that the magnitude relation of the change in financial…

Q: A primary government can be either a general purpose government or a special purpose government.…

A: Difference between Primary purpose government and specific purpose government: General Purpose…

Q: What is the purpose of Presidential Decree 717?Explain in your own words

A: Different types of laws and acts are prepared time to time to support or reform a current economic,…

Q: Explain the governmental Units , business type and fiduciary type with example?

A: Fund accounting is a system put in place in order to record the funds available to the government…

Q: What does the word stewardship mean and an example of what federal government stewardship?

A: Stewardship is a value that encompasses effective resource planning and administration. Stewardship…

Q: hat are the requirements for government- wide statements on CAFR?

A: Step 1 Governmental financial statements are comply with governmental accounting standards and…

Q: Can an entity go into a joint arrangement with the government? how do you account for that?

A: Joint Arrangement The term Joint arrangement in business to take part in other business with their…

Q: What are some examples of industries that falls under Public sector?   What are some examples of…

A: Public sector companies are those where more than 50% of shares are held by Government. Private…