Examlex

Solved

In Accordance with GASB Standards, a Deferred Inflow of Resources

question 3

True/False

In accordance with GASB standards, a deferred inflow of resources is reported on the financial statements the same as an unearned revenue.


Definitions:

Autoplay

A functionality that allows media or content to start playing automatically without manual initiation by the user.

Domain Registrar

A company that manages the reservation of internet domain names and handles the registration process.

XML Format

A language for markup that establishes a series of rules for the encoding of documents in a format understandable by both humans and machines.

XML

Extensible Markup Language, a flexible text format used for structured document exchange over the internet.

Related Questions