Test Bank for Essentials of Accounting for Governmental and Not-for-Profit Organizations, 15th Edition by Copley Fully Covered A+ Guide Newest Version

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ntal and Not-for-
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Profit Organization
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Paul A. Copley, P
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KPMGu Professor
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amesuMadisonuUniversity

,ESSENTIALSuOFuACCOUNTINGuFORuGOVERNMENTALuANDuNOT-FOR-
PROFITu ORGANIZATIONS,uTENTHuEDITION
PublishedubyuMcGraw-Hill/Irwin,uaubusinessuunituofuTheuMcGraw-
HilluCompanies,uInc.,u1221uAvenueu ofutheuAmericas,uNewuYork,uNY,u10020.uCopyrightuu2011ubyu
TheuMcGraw-HilluCompanies,uInc.uAll
rightsureserved.uPreviousueditionsuu2008,u2007uandu2004.uNoupartuofuthisupublicationumayubeureproduced
u orudistributeduinuanyuformuorubyuanyumeans,uorustoreduinuaudatabaseuoruretrievalusystem,uwithoututheuprio
ru writtenuconsentuofuTheuMcGraw-
HilluCompanies,uInc.,uincluding,ubutunotulimiteduto,uinuanyunetworkuoruotheru electronicustorageuorutransmis
sion,uorubroadcastuforudistanceulearning.
Someuancillaries,uincludinguelectronicuanduprintucomponents,umayunotubeuavailableutoucustomersuoutsideutheu
UniteduStates.
Thisubookuisuprinteduonuacid-freeupaper.
1u2u3u4u5u6u7u8u9u0uDOC/DOCu1u0u9u8u7u6u5u4u3u2u1u0
ISBNu 978-0-07-352705-
5u MHIDu 0-07-352705-X
ViceuPresidentuanduEditor-in-Chief:uMartinuLange
VPuSEM,uEDP,uCentraluPublishinguServices:uKimberlyuMeriwetheruDavid
EditorialuDirector:uStewartuMattson
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Allucreditsuappearinguonupageuoruatutheuenduofutheubookuareuconsideredutoubeuanuextensionuofuthe
u copyrightupage.

LibraryuofuCongressuCataloging-in-PublicationuData
Copley,uPauluA.
Essentialsuofuaccountinguforugovernmentaluandunot-for-profituorganizationsu/uPauluA.uCopley.u—u10thued.
p.ucm.
Includesuindex.
ISBNu978-0-07-352705-5
1. Administrativeuagencies—UniteduStates—Accounting.u 2.u Nonprofituorganizations—UniteduStates—
u Accounting.u I.u Title.

HJ9801.H39u2011u 657'.8
3500973—dc22
2009054187
www.mhhe.com

, Preface
ThankuyouuforuconsideringutheutenthueditionuofuEssentialsuofuAccountinguforuGovernmen-
utaluanduNot-for-

ProfituOrganizations.uTheutenthueditionuisuupdateduforurecentuchangesuincluding:
• GASBu Statementu 54:u Fundu Balanceu Reportingu andu Governmentalu Fundu Type
uDefinitions.


• FASBuStatementu164,uNot-foruProfituEntities:uMergersuanduAcquisitions.
• IRSuFormu990uReturnuofuOrganizationuExemptuFromuIncomeuTax.
Inuaddition,utheutextuincludesuaunewuchapteruonuFederaluGovernmentureporting.
Iuhaveuusedutheutextuwithustand-alone,uthreeusemester-houruclasses,uwithuhalf-
semesteruGNPucourses,uanduasuaumoduleuinuadvanceduaccountinguclasses.uItuisuappropria
teuforuaccountingumajorsuoruasupartuofuaupublicuadministrationuprogram.uTheucoverageuisu
effec-utiveuinupreparingucandidatesuforutheuCPAuexamination.
Theufocusuofutheutextuisuonutheupreparationuofuexternalufinancialustatements.uAmongut
heumoreuchallenginguaspectsuofustateuandulocalugovernmentureportinguisutheuprepara-
utionuofugovernment-

wideufinancialustatements.uOuruapproachuisusimilarutouthatuuseduinupractice.uSpecifically
,uday-to-
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dayueventsuareurecordeduatutheufund u uleveluusing
u utheubasisuofuaccountinguforufundufinanci

alustatements.uGovernmentaluactivitiesuareurecordeduusingutheumodifieduaccrualubasis.uT
heufund-basisustatementsuareuthenuuseduasuinputuinutheupreparationuofugovernment-
wideustatements.uTheupreparationuofugovernment-wideustate-
umentsuisupresenteduinuanuExceluworksheet.uThisuapproachuhasutwouadvantages:u(1)uituisu

theuapproachumostucommonlyuapplieduinupractice,uandu(2)uituisuanuapproachufamiliarutous
tudentsuwhouhaveustudiedutheuprocessuofuconsolidationuinutheiruadvanceduaccountingucla
sses.uStateuandulocalugovernmentureportinguisuillustrateduusinguanuongoinguexampleuinte
grateduthroughoutuChaptersu2uthroughu8uandu13.
AdditionalufeaturesuofutheutextuareuavailableuonutheuinstructoruorustudentuWebusitesuand
uinclude:


• AucontinuousuhomeworkuproblemuthroughoutuChaptersu2uthroughu8uandu13.
• Instructor’suguide.
• Suggesteduquizuanduexaminationuquestionsuanduproblems.
• PowerPointuslides.
• Excel-baseduassignments.
• Anuadditionalupracticeuset.
IuthankuSandrauBitenc,uUniversityuofuTexas—Arlington;uAngeleuBrill,uCastletonuStateuCol-
ulege;uRicharduC.uBrooks,uWestuVirginiauUniversity;uBradleyuChilds,uBelmontuUniversity

;uDoriuDanko,uGranduValleyuStateuUniversity;uGertrudeuEguae-
Obazee,uAlbrightuCollege;uGladysu Gomez,u Universityu ofu Maryu Washington;u Marinau
Grau,u Houstonu Community