Which of the Following Is True Regarding Revenue Recognition for Property

question 149

Multiple Choice

Which of the following is true regarding revenue recognition for property taxes, when reporting in the government-wide statements?

• A) Assets are recognized when an enforceable legal claim has arisen or when resources are received, whichever is first.
• B) Revenues are recognized when measurable and available; that is, when collected during the current period or no more than 60 days after the end of the current period.
• C) Both of the above are true.
• D) Neither of the above is true.

Comprehend the issues and strategies related to supplying personnel.

Understand the purpose of mass customization in HR and its impact on employee retention.

Identify internal and external human resource supply sources and their significance.

Recognize the reasons for giving preferential consideration to internal HR supply.

---

Definitions:

Flexibility

The ability of a system, process, or entity to adapt effectively to changes or variability in its environment or operation.

Network Design

The process of planning and structuring how devices, paths, and protocols interact in a network to efficiently manage data flow.

Supply Disruptions

Supply disruptions are unforeseen events or circumstances that interrupt the normal flow of goods and materials within a supply chain.

Mix Flexibility

The ability of a manufacturing system to efficiently produce a variety of products in varying volumes.