ACCT 033 (BSA 32A1) Accounting for Government & Non-Profit Organizations
Pre Finals Quiz 2
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Question 1
It represents account classification as to basic accounting equation A=L+E
Response: major account group
Question 2
Which of the following is INTRA-AGENCY receivable in the revised chart of account?
Response: other receivable
Question 3
Which of the following is Inter-Agency receivable in the revised chart of account?
Response: Due from joint venture
Question 4
The basis of COA in encoding the object classification in revised chart of account
Response: Accrual Basis
Question 5
Which of the following is NOT personnel services?
Response: Labor & wages