Multiple Choice
_____ For a public C&U engaged in business-type activities, which of the following items are not reported after (as opposed to within) the nonoperating revenues (expenses) section of the statement of revenues, expenses, and changes in net assets?
A) Capital appropriations.
B) Captial grants and gifts.
C) Additions to permanent endowments.
D) Gifts received.
E) None of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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