Multiple Choice
Which of the following is not one of the methods recommended by the GASB Concepts Statement 3 for communicating information to external users of government financial reports?
A) Providing a popular report.
B) Recognition in the financial statements.
C) Presentation as required supplementary information.
D) Disclosure in the notes to the financial statements.
Correct Answer:
Verified
Correct Answer:
Verified
Q54: Which of the following would be reported
Q55: Expenditures are never recorded in governmental funds.
Q56: Explain the nature of the three major
Q57: A debt service fund is used to
Q58: Which of the following governmental funds must
Q60: According to the guidance of GASB Concepts
Q61: Which of the following funds are proprietary
Q62: "The primary purpose of an accounting system
Q63: For each of the following descriptive phrases,
Q64: A city received resources that the state