question archive DQ1)What is the revenue recognition criteria used in government entities? What are some examples of government sources of revenue? How are these sources accounted for? DQ2) What is an interfund transfer? Why would government entity transfer money from one fund to another? How are interfund transfers reported on a financial report? DQ3) How can a government entity prepare government-wide statements using the fund statements? What is a governmental reporting entity? DQ4) You are the sole contributor to a philanthropic foundation
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DQ1)What is the revenue recognition criteria used in government entities? What are some examples of government sources of revenue? How are these sources accounted for?
DQ2) What is an interfund transfer? Why would government entity transfer money from one fund to another? How are interfund transfers reported on a financial report?
DQ3) How can a government entity prepare government-wide statements using the fund statements? What is a governmental reporting entity?
DQ4) You are the sole contributor to a philanthropic foundation. You must specify whether investment gains should be expendable or nonexpendable. Present key arguments in favor and against permitting the gains to be expendable.