Multiple Choice
Proceeds from bonds issued for the construction of capital assets are classified on the Statement of Cash Flows for an Enterprise Fund as
A) Cash Flows from Operating Activities.
B) Cash Flows from Noncapital Financing Activities.
C) Cash Flows from Capital and Related Financing Activities.
D) Cash Flows from Investing Activities.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: On January 1,2014,the Enterprise Fund for a
Q6: Enterprise funds primarily provide goods and services
Q7: Prepare journal entries in an Internal Service
Q8: GASB Statement No.34 mandates that the indirect
Q9: A trust fund was created to assist
Q11: The accounting equation for proprietary funds: Current
Q12: The accounting equation for the Proprietary fund
Q13: GASB requires _ method(s)for the cash flow
Q14: GASB Statement No.9 separates financing activities on
Q15: What basis of accounting is used by