Multiple Choice
Under GASB Statement 35,public colleges and universities are permitted to report as special purpose governments engaged in:
A) Business-type activities only.
B) Both governmental and business-type activities.
C) Governmental activities only.
D) Any one of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q20: The General Fund is always a major
Q74: The government-wide financial statements are prepared using
Q84: What are the five categories of fund
Q87: Where in the CAFR would one find
Q110: The total fund balances reported in the
Q118: Special-purpose governments engaged in business type activities
Q118: The Governmental Accounting Standards Board has established
Q132: Which of the following is true regarding
Q134: According to GASB,a primary government can only
Q140: Notes to the financial statements must distinguish