The GASB Identifies Which of the Following Three Broad Categories

question 29

Multiple Choice

The GASB identifies which of the following three broad categories of service efforts and accomplishments (SEA) measures:

• A) Measures of service efforts, measures of service accomplishments, and measures of efficiency.
• B) Measures of service efforts and accomplishments, measures of service efficiency, and measures of service effectiveness.
• C) Measures of service efforts, measures of service accomplishments, and measures of the costs of service efforts and accomplishments.
• D) Measures of service efforts, measures of service accomplishments, and measures that relate efforts to accomplishments.

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Definitions:

Incorporation Date

The date on which a company was legally registered or incorporated and started its existence as a corporate entity.

Record Date

Record date is the specific date set by a company on which one must be on the company's books as a shareholder to receive a declared dividend or participate in corporate actions.

Quarterly Dividends

Dividends that are declared and paid by a company four times a year, usually at a fixed rate per share.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.