Test Bank to Accompany Essentials of Accounting for Governmental and Not-for-Profit Organizations: Eleventh Edition Prepared by: Paul Copley and Mary Loretta Manktelow James Madison University Chapter 1 Introduction to Accounting and Financial Reporting for Governmental and Not-for-Profit Organizations True/False Questions 1. The Governmental Accounting Standards Board sets financial reporting standards for all units of government: federal‚ state‚ and local. Answer: False
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Exam Name___________________________________ TRUE/FALSE. Write ’T’ if the statement is true and ’F’ if the statement is false. 1) Effective strategy formulation can usually guarantee successful strategy implementation. Answer: True False 2) Strategy formulation is the managing of forces during the action‚ whereas strategy implementation is the positioning of forces before the action. Answer: True True True True True True True True True 9) False 10) Policies refer to specific guidelines
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received by Jerry on Oct. 7. The letter containing Bill’s acceptance was received on Oct. 8. Based on the above‚ has a contract been formed for the sale of the mountain bike? No‚ because the rejection was received before the acceptance was received 2. Under the “golden rule” regarding assignments‚ which party must not be harmed (made worse off) by the assignment? non assigning party 3. Gary mails an offer to Brian on June 15. Brian receives the offer on June 16. Gary mails a revocation of
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Chapter 2 Principles of Waterflooding 2.3 Overall Recovery Efficiency 1 2.3 Overall Recovery Efficiency Displacement Efficiency Areal Sweep Efficiency Vertical Sweep Efficiency 2 2.3 Overall Recovery Efficiency The micromodel saturated with oil The micromodel after water flooding 3 2.3 Overall Recovery Efficiency • overall recovery factor (efficiency) RF Def: the fraction of oil produced from the initial oil in place at the start of the flood. RF ED E A EV ED displacement efficiency
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Chapter 2 Global E-Business: How Businesses Use Information Systems Lecturer: Richard Boateng‚ PhD. • • Lecturer in Information Systems‚ University of Ghana Business School Executive Director‚ PearlRichards Foundation‚ Ghana Email: richard@pearlrichards.org 2.1 © 2010 by Prentice Hall Management Information Systems Chapter 2 Global E-Business: How Businesses Use Information Systems LEARNING OBJECTIVES • Define and describe business processes and their relationship to information
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Chapter 16: Mobile Marketing and Related Developments MULTIPLE CHOICE 1. The adoption stage in which a new product has become a part of the user’s lifestyle is called: a. permanent adoption. b. loyalty. c. internalization. ANS: C REF: p. 441 2. ________ is a product characteristic that determines ease of adoption. a. Relative advantage b. Sustainable advantage c. Substitutability ANS: A REF: p. 441 3. Among the strategic implications of pervasive computing
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Chapter 1 The Problem and Its Background Introduction Everyone is aware that Information Technology (IT) has played a very significant role in taking bussinesses and educational institutions to new heights. Before the advent of computers and relevant technology‚ business and information management were totally done using manual resources. As a result‚ the time taken to complete a task was more‚ quality of work was not up to the mark‚ and the procedures also tended to be more complicated (Rampur
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Chapter 2: Diversity in Organizations Diversity: Describe the two major forms of workforce diversity. Managers need to recognize and capitalize on individual differences to get the most from their employees. Effective diversity management increases an organization’s access to the widest possible pool of skills‚ abilities‚ and ideas. Managers also need to recognize that differences among people can lead to miscommunication‚ misunderstanding‚ and conflict. Demographic Shifts: 1. Changing
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1. The most important determinant of consumption and saving is the: A) level of bank credit. B) level of income. C) interest rate. D) price level. 2. If Carol’s disposable income increases from $1‚200 to $1‚700 and her level of saving increases from minus $100 to a plus $100‚ her marginal propensity to: A) save is three-fifths. B) consume is one-half. C) consume is three-fifths. D) consume is one-sixth. 3. A decline
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CHAPTER II Review of related Literature Local Literature Police Ranking The PNP conducts regular recruitment programs‚ depending on annual budget allocation. The entry level for non-commissioned officers is the rank of PO1 (Police Officer 1). The new recruits undergo Police Basic Recruit Course for six months and a Field Training Program for another six months prior to deployment to various units. Officers for the Philippine National Police are sourced from the Philippine National Police Academy
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