Assignment:
Respond to the following in a minimum of 175 words and cite your sources on all questions:
1. Define fund as used in government organizations. Contrast that definition with the same term as used in nonprofit seeking organization. Does the creation of a fund constitute authority to spend or obligate its resources? Explain your answer.
Respond to the following in a minimum of 175 words:
2. How is cost-benefit analysis used at different levels of public budgeting and governmental and nonprofit accounting?
Respond to the following in a minimum of 175 words:
3. What are the common pitfalls one can anticipate in budget execution, and how can budget execution system design assist in minimizing these pitfalls?
Respond to the following in a minimum of 175 words:
4. What approach should be used to measure a capital asset impairment loss that results from physical damage to the capital asset?
Respond to the following in a minimum of 175 words:
5. How do sources of temporary funding help in contingency planning? How are other forms of assistance, funding, and assets acquired?
Respond to the following in a minimum of 175 words:
6. What types of knowledge and skills do analysts need for exposure identification and risk evaluation? What types of continuous direction and careful attention connote excellent risk management?