1)In preparing a Statement of Cash Flows for a governmental agency's Enterprise fund, you must use the indirect method ? Select one: True False

You can have a funding deficiency in a defined plan. (one word) Sometimes the employee can direct (manage) their account balance in a defined plan. (one word) Jens decides to endow a scholarship for the student that has the lowest score in his 305 class. He gives McNeese $10 (all he would spring for) to fund this scholarship. If McNeese actually created this scholarship, they would place these funds into a(n): a. Internal service trust funds b. Agency trust funds c. special revenue trust funds d. capital projects trust funds e. Private purpose trust funds f. Pension trust funds g. Investment trust funds h. debt service trust funds On demand bonds, when the debtor (governmental entity) is concerned about having to repay the bonds, quite often the entity goes to a financial institution and enters into an agreement, that if the bonds are called, the financial institution will lend the funds to the debtor. This agreement is called a(n): Answer: The Statement of Cash Flows for a governmental agency's reporting is the same as a traditional except that one of the three categories (Operating, Investing, or Financing) is different, which one? (one word) bonds have been issued and they are due in 30 years. However, the creditors have demanded that the governmental entity place one-thirtieth of the principal into an escrow account. This escrow account is traditionally called a(n) (three words) Fiduciary funds use the accrual method. (one word)