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Standard Travel Cards must be deactivated when not in a travel status. - CORRECT ANSWER-All of the above Proper Utilization of Split Disbursement: - CORRECT ANSWER-All of the above It is okay to leave your card as a security deposit as long as you don't share your PIN. - CORRECT ANSWER-False Cardholders should make a prompt and FULL payment of their account only after they receive reimbursement - CORRECT ANSWER-False NOTE TO USER: If you get a question correct that is not input he...

Which of the following is an advantage of cash basis accounting vs. accrual basis accounting? - CORRECT ANSWER-It provides a more accurate representation of cash generated in a specific period. According to the FASB Conceptual Framework, financial information is considered faithfully represented if it is - CORRECT ANSWER-Complete, neutral, and free from error. Select the statement below which correctly describes a characteristic of the conceptual framework. - CORRECT ANSWER-Guidance for co...

True - CORRECT ANSWER-One of the limitations of the income statement is that items that cannot be measured reliably are not reported on the income statement. True - CORRECT ANSWER-The primary advantage of the single-step format lies in the simplicity of presentation and the absence of any implication that one type of revenue or expense item has priority over another. True - CORRECT ANSWER-The multiple-step income statement recognizes a separation of operating transactions from nonoperating...

cash - CORRECT ANSWER-Includes currency, coins, and amounts on deposit in bank checking or savings accounts. such as checks and money orders from customers What is the maximum maturity date for cash equivalents from the date of purchase? - CORRECT ANSWER-Three months What are examples of cash equivalents? - CORRECT ANSWER-Money Market Funds, Treasury Bills, and Commercial Paper restricted cash - CORRECT ANSWER-Cash that is not available for use in current operations Internal Control...

How to deliver customized level of information that the different types of investors desire. - CORRECT ANSWER-What was the first thought in "Thinking outside the box"? When preparing financial reports, it is difficult to ensure compliance with the voluminous and complex requirements contained in U.S. GAAP and SEC reporting rules. - CORRECT ANSWER-What was the second thought in "Thinking outside the box"? We may want to consider a more comprehensive business reporting model, inc...

A compensating balance is - CORRECT ANSWER-A restriction of cash wherein the borrower is required to maintain a specific amount in a low-interest or noninterest-bearing account at the bank When a creditor changes the terms of a debt agreement in response to the debtor's financial difficulties, this referred to as - CORRECT ANSWER-Troubled debt restructuring Examples of what can be paid with petty cash - CORRECT ANSWER-- entertainment expense - office supplies - postage expense US G...

Florida Funeral Law Package deal 2025/2026 With Accurate Solution

How many board members are recommended by the NCFDA? - CORRECT ANSWER-Four How many members of the board are recommended by the Funeral Directors & Morticians Assc. of NC? - CORRECT ANSWER-Two How many members of the board are appointed by the Governor who is licensed and not affiliated with any funeral service trade assc.? - CORRECT ANSWER-One How many board members are appointed by the General Assembly upon recommendation of the President Pro Tempo of the Senate? - CORRECT ANSWER-One ...

The Board of Funeral Service in NC has 9 members: - CORRECT ANSWER-1. 4 members are appointed by the Governor from nominees recommended by the NCFDA- they are licensed. 2. 2 members appointed by the Governor from nominees recommended by the FDA- they are licensed. 3. 1 member appointed by the General Assembly, upon the recommendation of the President Pro Tempore of the Senate- they are not licensed. 4. 1 member appointed by the General Assembly, upon the recommendation of the Speaker of th...

Methods of Final Disposition - CORRECT ANSWER-1. Interment/Burial/Inhument 2. Burial at Sea 3. Entombment 4. Cremation 5. Body donation (Cadaver) 6. Alkaline Hydrolysis Body Parts - CORRECT ANSWER-In the Uniformed Anatomical Gift act part is defined as organs, tissues, eyes, bones, arteries, blood, other fluids and other portions of a human body for transplantation. After the removal of body part, without unnecessary mutilation, the custody of the remainder of the body rests with the perso...

The Board of Funeral Directors and Embalmers consists of how many members - CORRECT ANSWER-10 How many members of the Board of Funeral Directors and Embalmers must be Funeral Directors - CORRECT ANSWER-2 What must each direct disposal establishment do in writing prior to any change in ownership, name, or registered person in charge - CORRECT ANSWER-Notify the Board What must each registered direct disposal establishment have available to the public during normal business hours - CORRECT...

When the board finds any licensee to be subject to pay fine, what is the maximum fine per each offense? - CORRECT ANSWER-$5,000.00 What is the penalty for giving false info when applying for or obtaining a license? - CORRECT ANSWER-3rd degree felony What is the penalty for obstructing a department of health investigation? - CORRECT ANSWER-2nd degree misdemeanor What is the penalty for public/private cemeteries who deny burial space due to race/creed/marital status/sex/national origin/co...

If a funeral home exceeds their maximum PPM levels for formaldehyde content during embalming, then the funeral home- - CORRECT ANSWER-Must take added precautions like- more ventilation, personal protection, etc. OSHA's primary intent is to: - CORRECT ANSWER-protect the workers Which of these are not subject to OSHA rulings? - CORRECT ANSWER-Paul's Plumbing, sole proprietorship, no employees, just Paul. Are outer burial container prices found anywhere on the casket price list? - CO...

Funeral Service (Mortuary Law) - CORRECT ANSWER-It is derived largely from the anglo-american common law - that distinct branch of the law that deals with the rules of conduct/action governing the FD in his/her legal relations Funeral Service Mortuary Law (from glossary) - CORRECT ANSWER-that branch of law which relates to matters concerned with the disposal of the dead and regulation of funeral directors/embalmers & funeral establishments Sources of Funeral Service Law - CORRECT ANSWE...

Willfully disturbs content of tomb or grave - CORRECT ANSWER-2nd Degree Felony Mutilates or commits sexual abuse on dead human body - CORRECT ANSWER-2nd Degree Felony Anyone who destroys, mutilates, or defaces tomb or monument - CORRECT ANSWER-2nd Degree Felony Charging a fee for changing certification of death - CORRECT ANSWER-2nd Degree Misdemeanor Anyone possessing stolen or illegal certificates - CORRECT ANSWER-3rd Degree Felony Anyone who changes record, counterfeits, alters or...

buy or sell body parts - CORRECT ANSWER-1st degree misdemeanor store a body without covering it - CORRECT ANSWER-1st degree misdemeanor discover a death and not report it - CORRECT ANSWER-1st degree misdemeanor transport an Anatomical Donation out of state - CORRECT ANSWER-1st degree misdemeanor tamper of evidence - CORRECT ANSWER-1st degree misdemeanor bury without a permit - CORRECT ANSWER-2nd degree misdemeanor denial of burial due to race, sex, ect. - CORRECT ANSWER-2nd deg...

What is the time requirement for a funeral director internship? - CORRECT ANSWER-1 year Who may obtain the vital statistical information needed to complete a death certificate at a funeral establishment? - CORRECT ANSWER-A licensed Funeral Director May a direct disposer who is working at a funeral establishment arrange for a direct cremation at that firm? - CORRECT ANSWER-Yes. They can arrange a direct cremation, just not a direct burial. May a pre-need sales agent who is registered und...

Protect the right to make decisions regarding disposition; Protect consumer regarding purchase of funeral goods & services; Establish minimum standards - CORRECT ANSWER-Purposes of Chapter 497 Anyone in the funeral business - CORRECT ANSWER-To whom may a refrigeration facility offer its services? Care and maintenance of cemetery; right to open & prepare spaces; initial sale of burial right - CORRECT ANSWER-Which of the following functions can a cemetery require the consumer to purchase fro...

Annual inspection fees can not exceed how much? - CORRECT ANSWER-$300 Renewal license for centralized embalming facility is how often? - CORRECT ANSWER-Biennial Renewal of license for funeral directors is how often? - CORRECT ANSWER-Biennial Minimum square footage of funeral home - CORRECT ANSWER-1250 Renewal license for Funeral establishments is how often? - CORRECT ANSWER-Biennial Renewal license fee for funeral establishments can not exceed how much? - CORRECT ANSWER-$500

punishment for performing without license - CORRECT ANSWER-payment to persons affected, investigation costs, fines up to 10,000 for each violation punishment of *court* for violations - CORRECT ANSWER-fine up to 5,000 per violation, 10,000 on any non licensed person, departments attorney fees punishment for copying or distributing answers/questions from exams - CORRECT ANSWER-3rd degree felony punishment for giving false info in obtaining a license/ trust fraud - CORRECT ANSWER-third de...