Multiple Choice
The categories of Net Position for a proprietary fund are classified within which of the following categories?
A) Net Investment in Capital Assets, Restricted Net Position and Unrestricted Net Position
B) Spendable Net Position and Spendable Net Position
C) Committed Net Position, Assigned Net Position and Unassigned Net Position
D) Restricted Fund balance, Committed Fund balance, Assigned Fund Balance, and Nonspendable Fund Balance
Correct Answer:

Verified
Correct Answer:
Verified
Q3: An enterprise fund should be used when
Q4: Revenue bonds<br>A) Carry less risk than general
Q18: When estimating uncollectible accounts, an enterprise fund
Q21: The reconciliation on the statement of cash
Q27: Which of the following is true regarding
Q35: The Proprietary Fund Statement of Revenues, Expenses,
Q47: The two types of proprietary funds include:<br>A)
Q92: Which of the following is <b><u>not</b></u>
Q105: The excess of assets over liabilities of
Q115: Why might it be desirable for an