Multiple Choice
_____ For a public C&U engaged in business-type activities, where are state capital appropriations reported in the statement of revenues, expenses, and changes in net assets?
A) In the revenues section.
B) In the nonoperating revenues (expenses) section.
C) After the nonoperating revenues (expenses) section.
D) Omitted from this statement but reported directly in the net assets section of the statement of financial position.
E) Omitted from this statement but reported in the cash flow statement.
Correct Answer:

Verified
Correct Answer:
Verified
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