Purchase Solution

Direct or an Indirect Basis

Not what you're looking for?

Ask Custom Question

Do the financial statements include a statement of cash flows for proprietary funds? In how many categories are the cash flows presented?
Is the statement on a direct or an indirect basis?

The State of Washington. Web site is below.

http://www.ofm.wa.gov/cafr/2008/default.asp

Purchase this Solution

Solution Summary

This solution discusses direct and indirect bases.

Solution Preview

Yes the financial statements include a statement of cash flows for proprietary funds (check page 54 on CAFR08).

The cash flow is presented into

1) Business Type ...

Purchase this Solution


Free BrainMass Quizzes
Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.