Questions from Accounting for Government and Non-Profit

Q: You are an accountant with the national office of the National Association

You are an accountant with the national office of the National Association of State Retirement Administrators (NASRA) and have just been appointed by the membership as its representative to the Govern...

Q: For the fiscal year 2007, the City and County of Denver

For the fiscal year 2007, the City and County of Denver, Colorado, had approximately $4.9 billion in bonded debt. You are a senior accountant in the controller’s office of the City and County of Denve...

Q: You are a new city council person for the City of Scottsdale

You are a new city council person for the City of Scottsdale, Arizona. You are aware that several cities have been in the news recently for financial crises for which the council or board is being hel...

Q: The City of Edmond, Oklahoma, uses the Crawford Performeter®

The City of Edmond, Oklahoma, uses the Crawford Performeter® as a financial analysis tool and presents the results of this analysis in its Managements’s Discussion and Ana...

Q: Choose the best answer. 1. Which of the following

Choose the best answer. 1. Which of the following groups or parties generally has taken the most initiative to evaluate the financial condition of a city? a. Citizens. b. Managers. c. Credit market an...

Q: Write the letters a through o on a sheet of paper.

Write the letters a through o on a sheet of paper. Beside each letter, put a plus (+) if a high or increasing value of the item is generally associated with stronger financial condition, a minus (─) i...

Q: Examine the following tables from the 2009 Financial Trend Monitoring Report for

Examine the following tables from the 2009 Financial Trend Monitoring Report for the Town of Oakdale that reports on fiscal year 2008. The performance indicators selected are total revenue and revenue...

Q: The City of Scottsdale, Arizona, provides the following report on

The City of Scottsdale, Arizona, provides the following report on the following page about its reserve policies on page 12 of its October 2007 financial trends booklet. Required a. Refer to Illustrat...

Q: The transmittal letter from the chief financial officer to the mayor and

The transmittal letter from the chief financial officer to the mayor and city council of Detroit that accompanies the City of Detroit’s Comprehensive Annual Financial Report for the...

Q: Condensed government-wide financial information from the comprehensive annual financial report

Condensed government-wide financial information from the comprehensive annual financial report for the Commonwealth of Pennsylvania for the fiscal year ended June 30, 2007, is provided below. Require...