The Theory That Social Interaction Involves Trade in Valued Resources

question 61

Multiple Choice

The theory that social interaction involves trade in valued resources is the central insight of:

• A)functionalism
• B)conflict theory
• C)exchange theory
• D)dramaturgy
• E)Marxist social theory

Learn about special assessments and accounting for special revenue funds.

Differentiate between intra-activity and interactivity transactions in government-wide financial reporting.

Identify the primary users of external state and local government financial reports and understand the purpose of fund balance categories established by GASB.

Understand how to prepare a complete set of financial statements, including the income statement, statement of changes in equity, balance sheet, and statement of cash flows.