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

Q: Define Government Grants?

A: The grants are those type of funds given by any authority which would be non-refundable. These are…

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: Describe how monies received by an organization functioning as an agent, trustee, or intermediary,…

A: Contribution: The term "contribution" refers to an act or money made for a specific cause. It is a…

Q: In government-wide financial statements, how do intra-activity and interactivity transactions…

A:

Q: Discuss the federal government’s contracting programs.

A: Introduction: Contractors are allowed under federal government contracts to set aside certain…

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: Explain, in detail, the way in which the integrity measures that protect the imputation system…

A: Imputation system of taxation involves the process of taxing the profit distributed by a company at…

Q: What databases are appropriate for government accounting?

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

Q: What impact does the use of the modified approach have on reporting within the government-wide…

A: Financial Statements:                   It refers to the end reports prepared by a business…

Q: When it comes to accounting for investment property, which of the two models may an organization…

A: This question tells about accounting for investment property:

Q: expenditure and ho

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

Q: how may resources in the general fund can be assigned to a specific purpose (if that is the intent…

A: The gap between assets as well as liabilities throughout the government expenditures balance sheet…

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: 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: What are the general jurisdictional rules? Discuss some of the exceptions to these rules.

A: Jurisdiction Rules Jurisdiction in the law which implies that the right of the court to hear the…

Q: Preparation of government-wide statement of activities

A: Here wehave to understand that the property tax and sales tax is the general government revenue…

Q: What statutes does the Commerce Commission have oversight of?

A: In the year 1986, a commission known as commerce commission was established with an aim to regulates…

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: rite the definition, recognition, measurement and derecognition of  GOVERNMENT GRANT.

A: Government grant:  It is the sum of the grant given to the business by the government that a…

Q: xample?

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

Q: Compare the purchase and sale of government securities with the purchase and sale of agency…

A: Government Securities are the securities which are often sold by the government. Purchase and sale…

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: n the United States, the __________, a government agency, has the legal authority to set GAAP.

A: Financial Accounting Standard board (FASB) is a government body established for the purpose of…

Q: The Merritt Committee Investigation looked into solutions for dealing with:

A: The Merritt Committee Investigation was done in the year 1910 and this followed the Armstrong…

Q: Are there sufficient internal and external controls in government operations?

A: It is important to implement both internal as well as external control over company's operations…

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 is State indebtedness

A: Any obligations and liabilities for borrowed money created, issued, or incurred by the Purchased…

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: lain briefly why Government funds or property shall be spent or used solely for public purposes.

A: A government fund is a grouping used in accounting for tax-supported operations undertaken by the…

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: government

A: Answer: Government accounting: Government accounting is accounting methods that are being followed…

Q: Give examples of obligations or contracts which are contrary to public policy.

A: It is often listened that there are some contracts or obligations which are contrary or…

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 is a basic financial statement that is required for federal agencies?

A: Financial statement refers to those statements which are prepared through the business at the end of…