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    Governmental and Nonprofit Accounting Study Set 1
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    Exam 1: Governmental and Nonprofit Accountingenvironment and Characteristics
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    Expenses in a Proprietary Nonexpendable Fund Would Not Potentially Include
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Expenses in a Proprietary Nonexpendable Fund Would Not Potentially Include

Question 7

Question 7

Multiple Choice

Expenses in a proprietary nonexpendable fund would not potentially include


A) Salaries and wages.
B) Long-term debt interest payments.
C) Long-term debt principal retirement.
D) Depreciation.

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