Multiple Choice
For questions bellow, use the numbers from the following financial statements
required in a county government's CAFR to identify where the account is reported:
1) Government-wide statement: Statement of net position
2) Government-wide statement: Statement of activities
3) Fund statement: Balance sheet-Governmental funds
4) Fund statement: Statement of revenues, expenditures and changes in fund balances-Governmental funds
5) Fund statement: Statement of net position-Proprietary funds
6) Fund statement: Statement of revenues, expenses and changes in net position-Proprietary funds
-On which financial statement(s) are the proceeds from disposal of capital assets of governmental and proprietary funds reported?
A) 2 and 6
B) 2 and 4
C) 4 only
D) 2, 4 and 6
Correct Answer:

Verified
Correct Answer:
Verified
Q89: Which account might appear on the government-wide
Q90: The pension liability reported on the governmental
Q91: Which fund statements are presented in the
Q92: Listed bellow are the required balance sheets
Q93: In a county's CAFR for the current
Q95: The activities of which fund type appear
Q96: In the statement of net position, the
Q97: Listed bellow the required operating statements for
Q98: Here are financial statements shown in a
Q99: Here are some of the financial statements