1. A governmental fund Statement of Revenues, Expenditures, and
Changes in Fund Balances reported of $30 million, including capital
outlay expenditures of $9 million. Capital assets for that
government cost $90 million, including land of $10 million.
Depreciable assets are amortized over 20 years, on average. The
reconciliation from governmental changes in fund balances to
governmental activities changes in would reflect a(an):
A) Decrease of $1 million.
B) Increase of $l million.
C) Increase of $5 million.
D) Decrease of $4 million.
2. The City of Charlotte reported property tax revenues in 2017
in the amount of $10 million. The deferred inflow - property taxes
reported in the General Fund's balance sheet was $ 300,000 on
December 31, 2016 and was $ 375,000 on December 31, 2017. During
2017, $9,000,000 was collected. What amount should the city report
for Property Tax Revenue in its year ended December 31, 2017
government-wide Statement of Activities?
A) $ 9,075,000
B) $ 9,975,000
C) $ 10,075,000
D) $ 10,375,000
3. The City of Eugene reported property tax revenues in 2017 in
the amount of $10 million. The deferred inflow - property taxes
reported in the General Fund's balance sheet was $ 475,000 on
December 31, 2016 and was $ 400,000 on December 31, 2017. During
2017, $9,000,000 was collected. What amount should the city report
for Property Tax Revenue in its year ended December 31, 2017
government-wide Statement of Activities?
A) $10,075,000
B) $ 9,925,000
C) $ 9,625,000
D) $ 8,975,000
4. A government reported an "other financing source" in the
amount of $800,000, related to the sale of land in its governmental
funds Statement of Revenues, Expenditures, and Changes in Fund
Balances. The land had a cost of $375,000. The adjustment in the
reconciliation, when moving from the governmental Funds Statement
of Revenues, Expenditures, and Changes in Fund Balances to the
change in net position for governmental activities in the Statement
of Activities would be a(an):
A) Decrease of $425,000.
B) Increase of $425,000.
C) Increase of $375,000.
D) Decrease of $375,000.
5. A government incurred expenses for its infrastructure as
follows: $25 million for general repairs; $20 million to extend the
life for existing infrastructure; and $22 million for additions and
betterments. The infrastructure has a basis of $400 million and
would be depreciated over a 40 year life, if depreciation were
charged. The government chooses to use the modified approach to
record infrastructure. The total amount that would be shown as
expense in the Statement of Activities would be:
A) $32 million.
B) $47 million.
C) $45 million.
D) $42 million.
Please show your work.
In: Accounting
Changes in the spot rates can:
a. affect a firm's present value of future cash flows, posing economic risk.
b. impose translation risk on a firm.
c. impose accounting risk on a firm.
d. affect the value of a company's future cash transactions, posing transaction risk.
In: Accounting
Question 1
Suppose the exchange rate changes so that less Japanese yen are required to buy a dollar. We could conclude that:
A. the Japanese yen has appreciated in value.
B.U.S. citizens will buy more Japanese imports.
C. Japanese will demand less U.S. exports.
D. U.S. citizens will buy more Japanese imports.
Question 2
An increase in the value of the Japanese yen relative to the U.S. dollar will
A. increase aggregate demand in the United States.
B. decrease aggregate supply in the United States.
C. increase aggregate demand in Japan.
D. increase aggregate supply in Japan.
Question 3
Table 20-1
Suppose the economy of Macroland is described by the following:
C = 200 + .8DI (DI = disposable income)
I = 300 + .2Y − 50r (Y = GDP)
(r, the interest rate, is measured in percentage points. For example, a 9 percent interest rate is r = 9).
For this economy, assume that the Federal Reserve uses its monetary policy to peg the interest rate at
r = 6
G = 750
T = .20Y
X = 200
M = 150 + .2Y
Hint: DI = Y − T
From Table 20-1, compute equilibrium GDP for Macroland.
A. 2,917
B. 2,778
C. 2,625
D. 2,525
Question 4
For the U.S, a major open economy with extensive capital flows, what is the effect of a decrease in interest rates due to expansionary monetary policy?
A. a currency depreciation and increased net exports
B. a currency depreciation and reduced net exports
C. a currency appreciation and increased net exports
D.a currency appreciation and reduced net exports
In: Economics
In: Economics
Which two items should be compared to most usefully show the impact that changes in efficiency of operations have had on performance?
| static planning budget and flexible budget |
| master budget and static planning budget |
| flexible budget and actual results |
In: Accounting
Use a d orbital diagram to predict any changes in color and paramagnetism that might occur when aqueous chromium as Cr(H2O)62+ reacts with NaCN. The spectrochemical series
is:
I-<Br-<Cl-<OH-<F-<H2O<NH3<en<CN-<CO
In: Chemistry
A study of undergraduate computer science students examined changes in major after the first year. The study examined the fates of 256 students who enrolled as first-year students in the same fall semester. The students were classified according to gender and their declared major at the beginning of the second year. For convenience we use the labels CS for computer science majors, EO for engineering and other science majors, and O for other majors. The explanatory variables included several high school grade summaries coded as 10 = A, 9 = A-, etc. Here are the mean high school mathematics grades for these students. Major Gender CS EO O Males 8.68 8.35 7.65 Females 9.11 9.36 8.04 Describe the main effects and interaction using appropriate graphs and calculations.
In: Statistics and Probability
1- The changes in characteristics of a species over
time.
Group of answer choices
fitness
evolution
reproduction
natural selection
2- A group of animals that are all the same species is
referred to as what?
Group of answer choices
population
kingdom
community
biosphere
3- Inherited characteristics that enhance an organisms
ability to survive and reproduce are called what?
Group of answer choices
evolution
fitness
natural selection
adaptations
4- How can an adaptation lose its value?
Group of answer choices
If the animal gets a better adaptation
If the animal reproduces.
If the environment changes and no longer favors that trait
5- The process in which individuals that have certain
inherited traits tend to have greater success at survival and
reproduction due to these adaptations.
Group of answer choices
fitness
evolution
natural selection
genetic variation
6- This must exist in a population for natural selection
to act.
Group of answer choices
fitness
reproduction
evolution
genetic variation
7- In this lab you will play the role of
what?
Group of answer choices
prey
teacher
predator
bacteria
8- Which type of feeding structure is present in the
predator population for this lab?
Group of answer choices
tongue depressors
spoon
fork
knife
9- Which prey item will be the most numerous to begin
with?
Group of answer choices
beans
coins
rice
10- Water, food & shelter are examples of
what?
Group of answer choices
Limitied resources which populations compete for
differential reproduction
abundant resources available for all
In: Biology
In: Economics
The random walk model suggests that day-to-day changes in the price of a stock should have a mean value of zero, how do you test the random walk hypothesis?
In: Statistics and Probability