Multiple Choice
GASB Statement No.34 requirements for the reporting for general fixed assets include
A) the use of account groups
B) reporting general fixed assets as a major fund
C) general fixed assets will be included only in the government wide financial statements
D) report general fixed assets as a component unit
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Which of the following were innovations in
Q22: Which of the following is not a
Q23: In order to convert the governmental fund
Q24: General purpose financial statements are part of
Q25: Under the requirements for a Statement of
Q27: The Management Discussion and Analysis gives a
Q28: General fixed assets, including infrastructure assets, and
Q29: Which of the following combination of
Q30: The statement of net assets also includes
Q31: Reciprocal interfund activities include all but which