Within a city's General Fund, which source of revenues is least likely to be accrued in advance of receipt in cash?
a. building inspection fees
b. property taxes
c. interest on investments
d. sales taxes
a
Business
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Interest expense is shown on the income statement as a non operating activity; however cash outflow for interest payments is shown as an operating activity on the statement of cash flows.
Indicate whether the statement is true or false.
Business
Explain what is meant by speed-rapid execution, response, and delivery of results
What will be an ideal response?
Business