Questions from Accounting for Government and Non-Profit


Q: Responding to a growing need for medical care as its population grew

Responding to a growing need for medical care as its population grew in the early 1900s, Suffolk County founded the Suffolk County Hospital in 1920, financing construction of the original hospital bui...

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Q: The federal government through the Medicare and Medicaid programs is one of

The federal government through the Medicare and Medicaid programs is one of the largest providers of patient service revenues to health care organizations. Information concerning these programs is ava...

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Q: As a cost reimbursement accountant in a large public research university,

As a cost reimbursement accountant in a large public research university, you are aware that federal agencies have increased auditing efforts in the area of federal research grants to higher education...

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Q: What is an example of a performance indicator and to what would

What is an example of a performance indicator and to what would it compare in investor-owned financial reporting?

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Q: You are a governmental accountant for a large municipality, and you

You are a governmental accountant for a large municipality, and you have recently been assigned to the Budget office and charged with building a better budget document—one that will be of the highest...

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Q: The City of Topeka, Kansas, has received a Distinguished

The City of Topeka, Kansas, has received a Distinguished Budget Presentation Award for at least 12 years. An excerpt from the 2008 Budget is presented on the next page: Financial Policies, Guidelines,...

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Q: Quad-States Community Service Agency expended federal awards during the most

Quad-States Community Service Agency expended federal awards during the most recent fiscal year in the following amounts for the programs shown: Additional information indicates that Programs 4 and...

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Q: Indicate which of the following activities performed by an auditor for a

Indicate which of the following activities performed by an auditor for a governmental client are (a) allowable, (b) permitted if safeguards are in place, or (c) prohibited. 1. Serving as an adviser on...

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Q: Following is the unqualified audit report for the City of Sand Key

Following is the unqualified audit report for the City of Sand Key. The Honorable Mayor Members of the City Commission and City Manager City of Sand Key We have audited the accompanying financial stat...

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

Choose the best answer. 1. Which of the following activities would always indicate that an auditor’s independence has been impaired? a. Providing advice on establishing an internal control system. b....

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