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Here Are the Government-Wide Financial Statements and the Funds Statements

Question 2

Multiple Choice

Here are the government-wide financial statements and the funds statements for governmental and proprietary funds, for the State of California:
Required
For each of the following account titles reported in the financial statements of the State of California, indicate on which of the above six financial statements the item is reported. The account balance may be reported on one statement, more than one statement, or none of the statements. Indicate the number(s) of the statement(s) next to each item. If the item is not reported on any of the above statements, write N/A next to the item.
-Government-wide statement of activities


A) Fund balance-unassigned
B) Depreciation expense- state lottery (enterprise fund)
C) Investments, pension and OPEB trust fund
D) Cash and cash equivalents, debt service fund
E) Amortization expense, general fund
F) Proceeds from the sale of capital assets, general fund
G) Noncurrent liabilities, lease obligations (enterprise fund)
H) Restricted net position
I) Deferred outflows-pensions
J) Deductions: administrative expense (private purpose trust)

Correct Answer:

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