The objective of this exercise is to get you familiar with theaudited financial statements and IRS Form 990 of a NonprofitEntity, the American Cancer Society (www.cancer.org) and obtain theaudited financial statements for the fiscal year ended December 31,2014 and Form 990 for 2014. Form 990 can also be obtained fromwww.Guidestar.org

Answer the followingquestion.

What type of information isavailable on the individual entities from the annualreport?

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Nestor RutherfordLv2

22 Jul 2019

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Obtain a copy of the Comprehensive Annual Financial Report(CAFR) for the State of Texas for the Fiscal Year Ended August 31,2014 from the Texas Department of Finance and Administrationwebsite -http://www.texastransparency.org/State_Finance/Budget_Finance/Reports/Comprehensive_Annual_Financial/14/,

and answer the following questions. Provide page numbers whereyou found the information. You may copy and paste text from theCAFR. Please submit type-written answers.

Page numbers (1-283) can be found at the bottom of eachpage of the CAFR document and should be included in theblank provided to the left of each question to reference where yourselected answers were located within the CAFR report. Note thatthe PDF Adobe page numbers (1-294) at the top of the screen will bedifferent from the CAFR page numbers and should not be referencedfor purposes of this exercise.

_____ 26. Capital assets, excluding land and construction inprogress, are depreciated using the straight-line method over theestimated service lives of the respective assets. Estimated servicelives include the following:

______________Software

______________ Buildings and buildingimprovements

______________ Facilities and Otherimprovements

______________ Furniture andequipment

______________ Other CapitalAssets

______________ Land UseRights-Term

______________Vehicles

______________ Infrastructure

______________ Other Intangible Capital Assets

_____ 27. As of August 31, 2014, what was the net $ amount ofamounts held in trust for Individuals, Organizations, and othergovernments?

_____ 28. In the statistical section-operating information, howmany tax returns were processed in 2013? How may licenses wereissued?

_____ 29. For the Optional Retirement Program, what are thecontribution rates for the State and Plan members?

_____ 30. Included in RSI is a Budgetary Comparison Schedule ofbudget to actual results for all budgetary funds. What is thelargest expenditure item included on the schedule, and what is thefinal budget $ amount and actual results (budgetary basis) $ amountfor that expenditure for the year ended August 31, 2014?

_____ 31. Due to the complexity of the Stateâs budget, aseparate report is prepared to present final budget to actualcomparisons at the legal level of control and can be obtained fromthe Department of Finance and Administration. What is the name ofthis report?

Appropriation Summary report