Note: This Is a Kaplan CPA Review Question

question 55

Multiple Choice

Note: This is a Kaplan CPA Review Question
The following related entries were recorded in sequence in the general fund of a municipality:
The sequence of entries indicates that

• A) Encumbrances were anticipated but later failed to materialize and were reversed. A liability of $12,350 was incurred.
• B) An adverse event was foreseen and a reserve of $12,000 was created; later the reserve was cancelled and a liability for the item was acknowledged.
• C) An order was placed for goods or services estimated to cost $12,000; the actual cost was $12,350 for which a liability was acknowledged upon receipt.
• D) The first entry was erroneous and was reversed; a liability of $12,350 was acknowledged.

Understand the role of visual aids in enhancing message retention and engagement.

Grasp the strategies for opening and closing presentations effectively.

Realize the importance of anticipating and preemptively answering audience questions.

Recognize the importance of adapting presentation style to the size and type of audience.

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Definitions:

Artistic Performances

Live presentations such as theater, music, dance, and other forms of entertainment that express creative talent and cultural expression.

Image of the United States

The collective perception or representation of the United States as viewed by its citizens and the world, influenced by its culture, policies, and international actions.

Sponsored

Supported financially or provided with resources by an organization, individual, or government for a particular purpose or event.

United Nations' Declaration

Formal statements or documents adopted by the United Nations to address global issues and promote international norms and values.