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Real World

1a Identify 2 nonprofits, 2 general purpose governments, and 2 special purpose governments in your local area (do not list the same entity as Question 2).
1b Describe what differentiates a non-profit from a government. Describe what differentiates non-profits and governments from a for-profit business.
2 Explore the website for Outlook Nebraska, Inc. ( The annual report and Form 990s can be found under the About/Stewardship path. Answer the following questions:
2a Is Outlook Nebraska, Inc. a nonprofit, government, or business? What characteristics of the organization helped you identify the type of organization?
2b “Describe how the following elements apply to Outlook Nebraska, Inc.:
1) Profit motive
2) Expectations of resource providers
3) Ownership interest”
2c What is Outlook Nebraska, Inc.’s main activity and revenue source?
3 Obtain the Douglas County, Nebraska CAFR. Answer the following questions
3a Does the CAFR contain both government-wide and fund financial statements? How many financial statements have been included as part of the basic financial statement section of the CAFR?
3b “How many of each of the following funds does Douglas County have?
• General Fund
• Special Revenue Funds
• Capital Project Funds
• Debt Services Funds
• Permanent Funds
• Enterprise Funds
• Internal Service Funds”
3c What are the main revenue sources of the County?
3d Do the financial statements provide evidence that the governmental, proprietary, and fiduciary funds use the appropriate basis of accounting? How can you determine this through review of the financial statements?
3e What are the revenue recognition criteria for the County?
3f How do the footnotes define the term “available for paying current period obligations?
3g Which financial statements present expenditures instead of expenses?
4 In your opinion, what are the most important information needs that a government annual report should fulfill for members of the elected officials?
5 Consider how the current pandemic is impacting state and local governments. Describe in your own words how the impact on state and local governments may be similar to that of for-profit businesses and how it may be different.
6 Locate one current event article that describes the impact of COVID-19 on a state or local government. Provide a link and brief summary of the article.

The Douglas County CAFR can be found on the County Clerk/Comptroller’s website. Follow the path below:
• Select “County Financial Reports” in the links to the left.
• Select the link to the June 30, 2019 CAFR.

Sample Solution

Destiny is Love's Nemesis in "The Definition of Love" by Andrew Marvell The meaning of adoration by Andrew Marvel is an image of incongruity. Marvell grasps love-related feelings and causes it to suffocate with a quiet, quiet, quiet tones. Wonder composed a slight enthusiasm, asserting that destiny itself would contradict genuine affection. Wonder initially portrayed Fate as the explanation behind his harsh love history in the second from last quarter. (Lines 9 to 12) With this as a top priority, it is characteristic that scorn of Marvel's predetermination will stream into the following two quarters. Andrew Marvell's sonnet "To His Coy Mistress" is expected to catch the genuine romance of adoration. This is around the world. Romance is significant today as it was during the 1600s. Character in this sonnet, presumably Andrew Marvel himself needs to engage in sexual relations with a lady by sex. It is likely a conduct of adoration, that lady is by all accounts safe. He attempted to convince her to bite the dust today or get the present life. This sonnet is a story isolated into three sections. The initial segment is evidence of that time. "On the off chance that we are adequately worldwide, time, this lady won't carry out a wrongdoing" (lines 1-2). Andrew Marville accentuates time. Time is the most significant as the relationship isn't unreasonably significant. This job will attempt to convince his darling to give her adoration, most likely her virgin to him. He disclosed to her that it is time now, and it might be heartbroken on the off chance that she was pausing. She should get this day. In the present culture it is more obvious than in the 1600's. The meaning of adoration by Andrew Marvel is an image of incongruity. Marvell grasps love-related feelings and causes it to suffocate with a quiet, quiet, quiet tones. Wonder composed a slight energy, asserting that destiny itself would restrict genuine affection. - You can characterize love. At some point, I was dealing with my multi year old whore, one of the most rich darlings. At the point when she was sitting close to my sweetheart's sibling Matthew and eating potato chips, she said she said "I like him without question." She gulped potato chips, yet I certainly need it more. More articulation of adoration trickles from her lips. At long last, an issue has emerged. "Reg, would you be able to purchase more chips?"

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