Which of the Following Is True Regarding the Balance Sheet

question 52

Multiple Choice

Which of the following is true regarding the Balance Sheet of a federal agency?

• A) The balance sheet is prepared using the economic resource measurement focus and accrual accounting.
• B) Assets are measured on the modified accrual basis.
• C) The difference between assets and liabilities is termed "Net Assets".
• D) Assets are separated between current and noncurrent.

---

Definitions:

Job Enrichment

A method of motivating employees by enhancing the quality and variety of their job tasks, thereby making their work more rewarding and engaging.

Herzberg's Two Factors

A theory that suggests job satisfaction and dissatisfaction are influenced by two independent sets of factors—motivators (such as achievement and recognition) and hygiene factors (such as salary and working conditions).

Dissatisfiers

Factors related to work or the workplace environment that can lead to dissatisfaction among employees, potentially affecting their job performance and overall morale negatively.

Satisfiers

Factors that contribute to job satisfaction, often related to the intrinsic aspects of the job that motivate employees.