A legislative committee consists of 7 Democrats and 6 Republicans. A delegation of 3 is to be selected to visit a small island republic. Complete parts (a) through (d) below.
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A legislative committee consists of 7 Democrats and 6 Republicans. A delegation of 3 is to be selected to visit a small island republic. Complete parts (a) through (d) below.
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- MunabhaiThe BIR has one Commissioner and:a. Four assistant commissioners b. Four line deputy commissionersc. One assistant commissioner and three deputy commissionersd. One deputy commissioner and three assistant commissionersIn a 3-4 page outline, create an outline of audit requirements that a nonprofit in your state would need to prepare for in conducting their annual audit. • Include the title of the requirement, the related statute, and the actions the organization would need to take to address the requirement. ■ At least one page of this outline should focus on requirements related to the board.
- jo4tp18r.08.031 Which of the following must the comptroller of public accounts do for the legislative budgeting and appropriations process? O a. Propose the state's budget Ob. Act as the chief elections administrator Oc. Act as the auditor for each county in addition to the state Od. Certify the approximate biennial revenue for the state Oe. Support state economic development effortssBb.20.
- The GASB defines a financial reporting entity as the primary government and the entities for which the primary government is financially accountable. Following is a list of entities being considered for classification as primary governments. 1. Waseca County government. 2. University of South Florida, a part of the State University System of Florida. 3. The Tri-County Independent School District, a legal entity, with an elected board and financial independence. 4. The State of Colorado._______ 5. Greenfield Sports Authority, a joint venture between Greenfield County and the Mighty Ducks Sports franchise. page 417 Required For each of the entities listed, indicate with a Y (yes) if the entity would be considered a primary government and with an N (no) if it would not be considered a primary government. In addition, explain why you believe the entity should or should not be considered a primary government. —————The County includes an independent school district and two individually chartered towns within the County. The County’s Treasurer assesses and collects property taxes on behalf of itself, the school district, and the towns. The County uses a tax collection custodial fund to record tax collections for the school district and towns. During the year ended December 31, 2020, the following transactions took place:1. The County levied taxes as follows: County General Fund $27,000,000 School District 14,500,000 Towns 4,500,000 Total $46,000,000 2.The property taxes levied (in transaction #1) were collected. 3. The amounts collected were paid to the school district and towns.Required:Prepare journal entries to record the transactions for the County’s tax collection custodial fund. (If no entry is required for a transaction/event, state “No entry.”)Benton County includes an independent school district and two individually chartered towns within the County. Benton County’s Treasurer assesses and collects property taxes on behalf of itself, the school district, and the towns. The County uses a tax collection custodial fund to record tax collections for the school district and towns. During the year ended December 31, 2024, the following transactions took place: The County levied taxes as follows: Benton County General Fund $23,700,000 School District 10,500,000 Towns 3,510,000 Total $37,710,000 The property taxes levied in part (a) were collected. The amounts collected were paid to the school district and towns. Required: a1. Record the transactions in the books of the Benton County Tax Agency Fund. a2. Record the transactions in the books of the Benton County General Fund. a3. Record the transactions in the books of the Benton County Independent School District General Fund.