The required statements for an Internal Service Fund include a Statement of
a. Changes in net assets
b. Revenues, Expenditures and Changes in Fund Balance
c. Revenues, Expenditures, and Changes in Net Assets
d. Revenues, Expenses, and Changes in Net Assets
D
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Theo is injured at work and files a workers' compensation claim, which is administered by the workers' compensation agency in his state. His employer disputes the extent of Theo's injuries. The case is heard by an administrative law judge (ALJ), who decides the case in the employer's favor. Theo's attorney tells him that his case cannot be appealed to a court because
a. he does not have standing to appeal an administrative decision, only the employer could do that. b. the decision of the ALJ is final in all administrative challenges. c. he has not first appealed the case to the workers' compensation board that heads the state agency. d. there is not an actual controversy that qualifies for judicial proceedings.
When operating at capacity, a market-based transfer price should be used
Indicate whether the statement is true or false