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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 2: Principles of Accounting and Financial Reporting for State and Local Governments
  5. Question
    Which of the Following Would Be Reported as a Nonspendable
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Which of the Following Would Be Reported as a Nonspendable

Question 54

Question 54

Multiple Choice

Which of the following would be reported as a nonspendable fund balance?


A) Inventory.
B) Restricted assets.
C) Assets whose use is limited.
D) Capital assets.

Correct Answer:

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