Area briefings are used to allow a trainee to act out situations he might face working in a foreign country

An appropriation was made for a federal agency in the amount of $1,000,000 . The agency's unexpended appropriations component of net position

a. does not change. b. increases by $1,000,000 c. decreases by $1,000,000 d. will either increase or decrease, depending on the nature of the appropriation.

Which of the following investments should be classified as cash equivalents for Lastima Company in preparing the statement of cash flows? 1 Shares of stock in Lastima Company. 2 A one-month Treasury note purchased by Lastima Company when only 3 months remained in the note's term. 3 Share in a money market fund purchased by Lastima Company; the fund purchases only investment grade corporate debt

instruments with maturities of 2 months or less. 4 A one-year treasury note purchased by Lastima Company when the treasury note was issued, which now has only 2 months remaining in its term. a. 2, 3 b. 2, 4 c. 2, 3, 4 d. 1, 2, 3, 4