ACCT 567 Week 5 Quiz
1. Question : (TCO F) Any activities that produce goods or services to be
provided to other departments or other governmental units would be reported in
which fund?
2. Question : (TCO F) Government units use which fund type to account for
services provided to the general public on a user-fee basis?
3. Question : (TCO G) A fund that is the result of an agreement between a
contributor and a government that the principal and/or income of trust assets
that is for the benefit of individuals, organizations, or other governments is
a(n)
4. Question : (TCO H) Which of the following would be considered a
performance audit under the Governmental Auditing Standards?
5. Question : (TCO J) Which of the following kinds of information would not
be provided by managementΓ’ΒΒs discussion and analysis (MD&A)?
6. Question : (TCO H) Which of the following would be considered
Γ’ΒΒcontribution revenue or supportΓ’ΒΒ of a not-for-profit organization?
7. Question : (TCO H) Describe the different types of governmental audits
and attestation engagements.
8. Question : (TCO F) Internal Service Fund, Statement of Cash Flows.
Prepare a statement of cash flows for the internal service fund for the city of
Pearman from the following information:
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