Which of the following is not an objective of financial reporting by state and local governments?
A. To assist users in assessing the adequacy of systems and controls.
B. To assist users in assessing financial condition and results of operations.
C. To assist financial report users in comparing actual financial results with the legally adopted budget.
D. To assist in determining compliance with finance-related laws, rules, and regulations
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is not an objective of financial reporting by state and local governments? A. To assist users in assessing the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Insufficient sales and changing demographics in a brands currently targeted market may suggest the brand needs to be repositioned. Which of the following brands were repositioned as a result of these critical market changesNikeAddidas
Answers (1)
How many bones are in a Giraffe's neck?
Answers (2)
Vextra Corporation is considering the purchase of new equipment costing $40,500. The projected annual cash inflow is $12,100, to be received at the end of each year. The machine has a useful life of 4 years and no salvage value.
Answers (1)
Jason's company has always emphasized that every employee is an important part of the company's success and does not highlight individual achievements. By emphasizing the group, Jason's company will most likely A.
Answers (1)
Transactions made by Mickelson Co. for the month of March are shown below. The company performed $20,000 of services for customers on account. The company received $20,000 in cash from customers who had been billed for services [in transaction (1) ].
Answers (1)
New Questions in Business
Any Indian here? i need Indian. i am an indian
Answers (2)
How many days does your license get revoked for a first time DUI
Answers (2)
The different business units at Carlton Motors compete against each other for technology, supplies, equipment, and human talent. As a result, the management and the business units encounter frequent organizational conflicts.
Answers (1)
The first step a domestic firm takes when entering an international arena is usually to create an international division.
Answers (1)
Darren sold Section 1245 property for $200,000, to be paid with 6% interest over five annual payments of $40,000, with the first payment due this year. Darren purchased the property for $150,000 several years ago and claimed depreciation of $25,000.
Answers (1)