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Falmouth City Owns and Operates a Mini-Bus System Which It

question 76

Essay

Falmouth City owns and operates a mini-bus system which it accounts for in an enterprise fund. Prepare journal entries to record the following transactions, which occurred in a recent year.
a) The mini-bus system issued $5 million of 8 percent revenue bonds at par and used the proceeds to acquire new mini-buses.
b) As required by the bond covenant, the system set aside 1 percent of the gross bond proceeds for repair contingencies.
c) The system accrued 6 months interest on the revenue bonds at year-end.
d) The system incurred $30,000 of repair costs and paid for them with cash set aside for repair contingencies.

Comprehend the importance of communication and involvement in successful organizational change.
Understand examples and types of incremental and radical changes within organizations.
Describe the role of HR metrics and evaluation in organizational performance.
Explain the significance of continuous learning and support for organizational change.

Definitions:

Least Restrictive Environments

A principle in special education that students with disabilities should be educated in settings that are as close as possible to those of non-disabled students.

Case Management

Case management is a collaborative process that assesses, plans, implements, coordinates, monitors, and evaluates options and services to meet an individual's comprehensive health needs.

Medical Model

A framework in healthcare that views medical issues through the lens of biological factors and emphasizes diagnosis and treatment, often contrasted with holistic or social models of health.

Case Management

A collaborative process of assessment, planning, facilitation, care coordination, evaluation, and advocacy for options and services to meet an individual’s or family's comprehensive health needs.

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