In some circumstances, enterprise funds are permitted to report capital assets using the modified approach. what is one reason why the gasb permits this method versus simple depreciation accounting required by the fasb for businesses?

a. businesses must answer to stockholders; governments do not sell shares of stock
b. governments are expected to exist in perpetuity, unlike businesses, which may be sold or simply close
c. it would not be possible for businesses to meet the record-keeping requirements of the modified approach
d. businesses do not invest in infrastructure assets

Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?

Amajor advantage of case studies is

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate