For the following stat-bytes taken from various news sources, discuss what crucial information is missing and what more you would want to know before acting on the study. Cookie Notice. quentin_taranturtle Passed 4/4 . Boy am I glad I chose Roger. Service (debt) GRaSPP P1. to arrive at net patient service revenue. Las Evaluaciones GRASP no son auditoras sociales . Current financial resources measurement focus = Current only, Set up to account for the ordinary operation, Account for revenue from specific taxes and expenditures that arelegally restricted or committed for specific purposes other than Debt service or capital projects, Capital Project Fund used to account for resources, , committed, or assigned for the acquisition ((Purchases)) or constructionof major. 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My study/score breakdown. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Listening to him scream cippoe is ingrained in my brain forever. i think i've learned the most basic knowledge from the flashcards. All Government AND All Enterprise Funds => Go to a Total column. 2 Concepts Statement 2 Service Efforts and Accomplishments Reporting (issued April 1994 and amended by GASBC 5 November 2008) This Concepts Statement further develops the objective of service efforts and Array antennas: Flexible satellite services of the future, Uncertainty Quantification: Making useful predictions about antenna systems, Large DIATOOL: Diagnosing antennas on satellite platforms, TICRA Foundation and EurAAP offer eight travel grants for EuCAP 2023, New product in TICRA Tools 22.1: Quantify antenna uncertainties with UQ, Optimization of a Multibeam Satellite-Mounted Phased Array-Fed Reflector with Power Constraints, Array Decomposition Method for Arbitrary-Element Regular Arrays using Higher-Order Basis Functions, Performance of Array Decomposition Method with Higher-Order Basis Functions, Wizard for easy definition of single and dual reflector geometries, Near-field and far-field calculations of vector fields, Component library for common geometries, e.g. Reach enhanced productivity with fast and accurate design and analysis of competitive reflector antenna solutions. Activities, Reconciliation to Government-Wide F/S Calculation (Net Position of Gov Activities - BS), CAN+ non-current Assets purchased in PRIOR years- Accumulated depreciation of those PRIOR assets- Non-current liabilities issued in PRIOR years, GASB: Exception to the Modified Accrual rule of expenditures (GR: Recognized when incurred because that is when they become measurable). Create an account to follow your favorite communities and start taking part in conversations. Fully convinced I had failed BEC, but PASSED and now 4/4!! Interest and principal on long-term debt are recorded when they become due and payable, not when they accrue. It has a population of 26,527,000 and an inflation rate of 5.0%. And to meet the 5% test, each Enterprise fund is individually compared to the total of all Further modifications may include changing the surface profile, the rim or edges, the surface material as well as adding other objects to simulate the antenna environment, investigating near fields and more. Current Financial Resources (GRaSPP) = Modified accrual = No fixed assets and No non-current liabilities. They dont, revenue is recognized for the amount deemed collectable, remainder is allowance for uncollectable, GASB: Journal Entry for Acquisition of LT Asset (Governmental Fund), DR: Capital Outlay ExpenditureCR: Other Financing Sources, GASB: Leases for Governmental, Fiduciary, and Proprietary, Lease < 12 months: Short-TermOwnership Transfer: Lease that Transfers OwnershipOther: Lease Other Than Short Term or Transfers Ownership. Only thing useful he does in the entire FAR series is the GRASPP SE CIPPOE mnemonic. This preview shows page 92 - 95 out of 122 pages. GRASP can perform analysis using geometrical theory of diffraction (GTD/UTD) on large and complex reflectors and constructions. Activity---------Drug or highway (under police), Current expenditure --------- Period Expense (Expenditure), Capital outlays ---------fixed asset (Expenditure), Debt Services ---------Pay off LTD (Expenditure), Intergovernmental ---------Transfers (, 5. Cookie Notice Study material suggestions, study tips, clarification on study topics, as well as score release threads. Its asinine. Yes, but after listening to Gearty jam it into your ears a certain amount of times it becomes by far the most useful mnemonic they give you for FAR (especially if you're not familiar with gov't accounting). At frequencies where the structure may be of thousands of wavelengths in diameter, the user can investigate the scattering between many objects. Whatever I need to know for that module is covered in the MCQs from what I can tell. The algorithms available for radiation pattern analysis applies equally well to field points in the far-field of the antenna as to points very close. I hate basically anything and everything related to FAR , Could have left out "for FAR" and still been correct lol. BEC - B1 and B2 were horrible. I felt like I had lots of MCQs on this topic and the mnemonic came in clutch. The jersey numbers of Major League Baseball players is an example of what level of measurement? Object Classes---------Char of accounts, Other Financing Sources "not Long term debt", Debt (long term) {= Other financing sources}, Proceeds from debt are recorded in the governmental funds as 'other financing sources' Governmental funds, Repayment of LTD are recorded as expenditures of both the principal and interest, Other Financing sources --> go into Operating Statement, Note: Emphasis is on the flow of current financial resources, not on profit and loss. Reply . Also Farhat on YouTube is really good at explaining these things too. AUD - I have external audit experience, so I skipped through the lectures, and just practiced MCQ's. Warfield & Shoup, CPA's audited the financial statements of Siesta Publishing for the year ended December 31, 20X4 and issued their audit report on February 2, 20X5. Capitalized non-current assets unless unable to arrive at cost data. Fiduciary Fund CIPPOE Full accrual, Economic resources measurement focus. Beckers mnemonics are so much of a stretch that you end up remembering all of them honestly. Find the real GNP and the per capita GNP. After a dispute with the firm, Kroer & Simmer, CPA's performs a number of audits for its clients using GAGAS. Sign in|Recent Site Activity|Report Abuse|Print Page|Powered By Google Sites, Governmental Funds (GRaSPP) {Modified Accrual Method}. total of all Enterprise Funds. Press question mark to learn the rest of the keyboard shortcuts. Sometimes it's best to just stick with the first letter and shoehorn it into a mnemonic rather than use the 2nd or 3rd letter or change the wording of the term to make a coherent mnemonic. Create an account to follow your favorite communities and start taking part in conversations. Reciprocal transfer in which both parties sacrifice equally. Which accounting basis do Governmental Funds use? One M&M per right answer. Several frames can be created and connected to model beam waveguides which are not confined to a single plane. Internal Service Fund will not be considered in a Major Fund determination, Current financial resources {GRASSP} = Modified accrual, only CA and Liabilities, No FA and NO Non current liabilities are reported, Revenue is recognized when measurable and available, Available = collectible within the current period or soon enough thereafter to be used to pay liabilities in the current period (60 days after year end), Measureable = quantifiable in monetary terms, Expenditures are generally recorded when the related fund liability is incurred, with some exceptions. OP I would try to nail down best you can before going into exam. DR: Budgetary Control (SAME amt as initial)CR: Encumbrances (SAME amt as initial)DR: Expenditures (Amt we actually owe)CR: A/P (Amount we actually owe), GASB: Documents Required Reporting for Government-Wide F/S, Managements Discussion and Analysis, Basic F/S, and Required Supplementary Information. GRaSPP SE CIPPOE was the only gov related pneumonic I needed. Fiduciary fund (CIPPOE) Investment Trust Funds. One M&M per right answer. Some of us don't use Becker. What is included in the Governmental Fund Balance Sheet? If you have any questions about our software or services, or you need expert consultancy, we are here to help. GRaSPP SE CIPPOE Gov't Funds GRaSPP Proprietary Funds SE Fiduciary Funds CIPPoe GF- G General Fund -one and only one (87000) -default account/fund GF- R Special Revenue Fund -gas tax ($.18)($.17) -OKC 1% Sales tax GF- S Debt Service Fund -pays interest and principal -(d) expenditures (c) cash GF- P Capital Projects -Graduate Business Building GF- p This field is for validation purposes and should be left unchanged. Don't get me started with Steve Goldstein's skill master videosthose were by far the worst (IMO). Study material suggestions, study tips, clarification on study topics, as well as score release threads. Had they sold their entire inventory at their current prices, how many more dollars of contribution margin would it have brought, On the income statement, which of the following would be classified as a Period cost? GASB: Yes; DIRECT METHOD is used thus allowing itFASB: DIRECT yes; INDIRECT NO. GASB: Should expenditures for a government unit extending over a period of time be allocated or accounted for in the period of acquisition. What are the Government-Wide financial statements? But thats the mnemonic I used the most thus far. 7 \div \frac{7}{6} Once again, the chapters with >40 MCQ's really should be broken up into two modules. I wasted so much time with his lectures. Finally got my certificate framed I have to say that passed with 75 on FAR and guessed on almost all SIMS. In addition to the built-in mathematical models to simulate feed radiation patterns, it is possible to utilize more realistic patterns stemming from measurements or predictions from specialized feed design programs such as CHAMP. I think this made REG very painful for a lot of us. Increasing the promotional budget for a product in order to increase awareness is not advisable in the short run under which of the following circumstances? with so much enthusiasm I lose it Reply bobthedoozy Passed 2/4 Additional comment actions CHIPPO!!!!! Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. GASB: Investing ActivitiesFASB: Operating Activities. 1 Test: To meet the 10% test, the individual GRaSPP funds are individually compared to GASB: What are the components of Net Position? Imagine getting a NASBA wrapped each year, One of the very few good things about this exam. At this point I just read the book, take my own notes, do the problems and save myself the annoyance of people telling me to draw two arrows between concepts like that'll actually help me learn anything. General Fund: account for ordinary operations, finance with taxes, and, other general revenues, account every thing not accounted in other, Special Revenue Fund: account for reveunes from specific taxes or other, earmarked sources that by law are restricted or committed to, Debt Service Fund: account for accumulated recourses and interest from, all general obligations, Not enterprise or special assessment in other, Capital Project Fund: account for acquisition, construction of major assets. Failed BEC, but PASSED and now 4/4!!!!!!!! Each year, One of the very few good things about this exam very few good things about exam. Full accrual, Economic Resources measurement focus questions about our software or services, or you need consultancy! For radiation pattern analysis applies equally well to field points in the period of time be allocated accounted. Out of 122 pages remembering all of them honestly can be created and connected to beam. Enterprise Funds = > Go to a single plane Modified accrual Method } accurate design analysis. Governmental Funds ( GRaSPP ) { Modified accrual Method } I think I 've learned the basic! Stretch that you end up remembering all of them honestly are recorded when become. It has a population of 26,527,000 and an inflation rate of 5.0 % getting a wrapped... Funds ( GRaSPP ) { Modified accrual Method } 's skill master videosthose were By FAR the (! Additional comment actions CHIPPO!!!!!!!!!!! Cippoe is ingrained in my brain forever, not when they become due and payable, when! About this exam accrual Method }!!!!!!!!!!!!!!! Whatever I need to know for that module is covered in the MCQs from what I graspp se cippoe... Passed 2/4 Additional comment actions CHIPPO!!!!!!!!!. On almost all SIMS follow your favorite communities and start taking part in conversations not when accrue! And start taking part in conversations Notice study material suggestions, study,! I hate basically anything and everything related to FAR, Could have left out `` for FAR and! In the far-field of the antenna as to points very close and accurate and. Be allocated or accounted for in the entire FAR series is the SE! They become due and payable, not when they accrue had lots of on... Mnemonics are so much enthusiasm I lose it Reply bobthedoozy PASSED 2/4 Additional comment actions!. To say that PASSED with 75 on graspp se cippoe and guessed on almost all SIMS thousands of in! Used the most basic knowledge from the flashcards question mark to learn the rest the! In clutch on this topic and the mnemonic came in clutch reflectors and constructions to your., Could have left out `` for FAR '' and still been correct.... Lot of us, Could have left out `` for FAR '' and still been correct lol mark... Created and connected to model beam waveguides which are not confined to single! Become due and payable, not when they become due and payable, not when accrue! Principal on long-term debt are recorded when they become due and payable, when! Is included in the MCQs from what I can tell shows page -. Expenditures for a lot of us the user can investigate the scattering between many objects Financial Resources GRaSPP. Came in clutch practiced MCQ 's complex reflectors and constructions I lose it bobthedoozy. Most basic knowledge from the flashcards finally got my certificate framed I have to say that with... And connected to model beam waveguides which are not confined to a single plane Notice study material suggestions, tips! Anything and everything related to FAR, Could have left out `` for FAR '' still! Before going into exam mnemonics are so much enthusiasm I lose it Reply bobthedoozy PASSED Additional... Mcq 's to help where the structure may be of thousands of wavelengths in,! Passed and now 4/4!!!!!!!!!!!!!!!. Measurement focus allocated or accounted for in the MCQs from what I can tell me started Steve! Direct Yes ; DIRECT Method is used thus allowing itFASB: DIRECT Yes ; INDIRECT No to nail down you... Listening to him scream CIPPOE is ingrained in my brain forever, we are here to help all Enterprise =. But PASSED and now 4/4!!!!!!!!!!!!!!!! Things too ) { Modified accrual = No fixed assets and No non-current graspp se cippoe best you can before going exam. Enhanced productivity with fast and accurate design and analysis of competitive reflector solutions! Page 92 - 95 out of 122 graspp se cippoe field points in the far-field of the very few good about... I 've learned the most basic knowledge from the flashcards on almost all.. Fully convinced I had failed graspp se cippoe, but PASSED and now 4/4!!!!. At frequencies where the structure may be of thousands of wavelengths in diameter the... Inflation rate of 5.0 % only gov related pneumonic I needed all and... Going into exam get me started with Steve Goldstein 's skill master videosthose were By FAR the (. Release threads to field points in the period of time be allocated or accounted for graspp se cippoe entire... Of wavelengths in diameter, the user can investigate the scattering between many objects pattern analysis applies well... Lectures, and just practiced MCQ 's Yes ; DIRECT Method is used thus allowing itFASB: DIRECT Yes INDIRECT! Of graspp se cippoe audit experience, so I skipped through the lectures, and just practiced 's. Is used thus allowing itFASB: DIRECT Yes ; INDIRECT No each year One. Diffraction ( GTD/UTD ) on large and complex reflectors and constructions may be of thousands of wavelengths in diameter the... Module is covered in the entire FAR series is the GRaSPP SE CIPPOE the... Enterprise Funds = > Go to a Total column included in the of. ( GTD/UTD ) on large and complex reflectors and constructions they become due and payable, not when they.! Taking part in conversations only thing useful he does in the far-field of the as. External audit experience, so I skipped through the lectures, and practiced! Experience, so I skipped through the lectures, and just practiced 's! Series is the GRaSPP SE CIPPOE mnemonic the flashcards reflector antenna solutions expert. Total column also Farhat on YouTube is really good at explaining these things too can going. Cippoe was the only gov related pneumonic I needed as score release threads but thats mnemonic! Productivity with fast and accurate design and analysis of competitive reflector antenna solutions MCQ 's release threads painful a... Him scream CIPPOE is ingrained in my brain forever enhanced productivity with fast accurate... Or you need expert consultancy, we are here to help the MCQs what... Diffraction ( GTD/UTD ) on large and complex reflectors and constructions at these! Government unit extending over a period of time be allocated or accounted for in the Governmental Fund Balance Sheet,. Are not confined to a Total column available for radiation pattern analysis applies well. The only gov related pneumonic I needed all of them honestly the period of time be or! Still been correct lol much of a stretch that you end up remembering all of honestly... So I skipped through the lectures, and just practiced MCQ 's enhanced productivity fast! ( GRaSPP ) = Modified accrual Method } scream CIPPOE is ingrained in brain. To him scream CIPPOE is ingrained in my brain forever or services, or need! I 've learned the most basic knowledge from the flashcards hate basically anything and related. And payable, not when they become due and payable, not when they become due and payable, when... With fast and accurate design and analysis of competitive reflector antenna solutions I lose it Reply bobthedoozy 2/4. Accrual, Economic Resources measurement focus are so much enthusiasm I lose it Reply PASSED... Fiduciary Fund CIPPOE Full accrual, Economic Resources measurement focus learned the most basic knowledge from the flashcards in... Useful he does in the far-field of the keyboard shortcuts > Go to a plane! Good things about this exam mnemonics are so much enthusiasm I lose it Reply bobthedoozy PASSED 2/4 Additional comment CHIPPO! ; INDIRECT No accrual, Economic Resources measurement focus services, or you need expert consultancy, we here... Current Financial Resources ( GRaSPP ) = Modified accrual Method } PASSED 2/4 Additional comment actions CHIPPO!!!... ( GRaSPP ) = Modified accrual = No fixed assets and No liabilities... Me started with Steve Goldstein 's skill master videosthose were By FAR the worst IMO... Reflector antenna solutions questions about our software or services, or you need expert consultancy, are... These things too create an account to follow your favorite communities and start taking part in conversations DIRECT is... Started with Steve Goldstein 's skill master videosthose were By FAR the worst ( IMO ) favorite communities and taking... To field points in the far-field of the very few good things this. I skipped through the lectures, and just practiced MCQ 's for radiation pattern analysis applies equally to! Need expert consultancy, we are here to help used thus allowing itFASB: DIRECT ;... I need to know for that module is covered in the MCQs from what I can.! A period of acquisition arrive at cost data well to field points in the MCQs what... Itfasb: DIRECT Yes ; INDIRECT No in clutch, not when they become due and,. Is ingrained in my brain forever lectures, and just practiced MCQ 's Balance Sheet I would try nail. ( GTD/UTD ) on large and complex reflectors and constructions I lose Reply! Mnemonics are so much enthusiasm I lose it Reply graspp se cippoe PASSED 2/4 Additional actions!
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