DATA ANALYTICS F/ACCT (LL) W/CONNECT
1st Edition
ISBN: 9781260931884
Author: RICHARDSON
Publisher: MCG CUSTOM
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Question
Chapter 2, Problem 3P
To determine
Identity which attributes from the College Scorecard data is needed to compare levels of diversity across types of institutions which are public, private non-profit, or private for-profit.
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How could your college or university use the concepts in the balanced scorecard? List two possible performance measures that would be relevant to a college or university, for each of the balanced scorecard’s four areas.
1. What are the four areas of the Balanced Scorecard? Identify and define them. Also, pick two areas and suggest how they might be used by a college/university.
What differences besides the names and contents of the three basic statements would a financial statement reader find between a public university and a private, nonprofit university?
Chapter 2 Solutions
DATA ANALYTICS F/ACCT (LL) W/CONNECT
Ch. 2 - Prob. 1MCQCh. 2 - Prob. 2MCQCh. 2 - Prob. 3MCQCh. 2 - Prob. 4MCQCh. 2 - Prob. 5MCQCh. 2 - Prob. 6MCQCh. 2 - Prob. 7MCQCh. 2 - Prob. 8MCQCh. 2 - Prob. 9MCQCh. 2 - Prob. 10MCQ
Ch. 2 - Prob. 1DQCh. 2 - Prob. 2DQCh. 2 - Prob. 3DQCh. 2 - Prob. 4DQCh. 2 - Prob. 5DQCh. 2 - Prob. 6DQCh. 2 - Prob. 7DQCh. 2 - Prob. 8DQCh. 2 - Prob. 9DQCh. 2 - Prob. 10DQCh. 2 - Prob. 1PCh. 2 - Prob. 2PCh. 2 - Prob. 3PCh. 2 - Which attributes from the College Scorecard data...Ch. 2 - Prob. 5PCh. 2 - Which attributes from the College Scorecard data...Ch. 2 - Use the College Scorecard data to determine if...Ch. 2 - Prob. 8PCh. 2 - Prob. 9P
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Similar questions
- What financial statements are required for private not-for-profit colleges and universities?arrow_forwardWhat are some of the major differences that exist between private colleges and universities and public colleges and universities that affect financial reporting?arrow_forwardWhich of the following is most likely to be true about the financial reporting of a public college or university? Choose the correct.a. It resembles the financial reporting of private colleges and universities.b. It will continue to use its own unique style of financial reporting.c. It resembles the financial reporting made by a proprietary fund within the fund financial statements for a state or local government.d. It will soon be reported using a financial statement format unique to the needs of public colleges and universities that GASB is scheduled to create.arrow_forward
- Which of the following is most likely to be true about the financial reporting of a public college or university? It resembles the financial reporting of private colleges and universities. It will continue to use its own unique style of financial reporting. It resembles the financial reporting made by a proprietary fund within the fund financial statements for a state or local government. It will soon be reported using a financial statement format unique to the needs of public colleges and universities that GASB is scheduled to create.arrow_forwardWhat factors aided Rockwater in its smooth switch to the balanced Score card? and how beneficial can the scorecard be to Accra Business School?arrow_forwardWhich of the following is a special purpose government? Select one: a. All the other points b. Government Universities c. Government hospitals d. Public collegesarrow_forward
- Please identify and define the four areas of the Balanced Scorecard. Select two areas and suggest how they might be used by Berkeley College.arrow_forwardWhat are the three basic financial statements required for private, nonprofit colleges and universities and what basis of accounting is used? What other statement is possible beyond these three to meet disclosure requirements?arrow_forwardAnswer the question please What are restricted assets and how are they shown in the financial statements? Explain how restricted gifts and grants are reported by a public college or university and a private college or university?arrow_forward
- Identify some difference between private organization and nonprofit organization?arrow_forwardWhat challenges do community endowments funds face? What would be their goal displacements?arrow_forwardWhich of the following is required as part of the complete set of financial statements for a private college or university? a. Statement of changes in financial position b. Statement of activities c. Statement of revenues, expenses, and changes in net assets d. None of the abovearrow_forward
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