Multiple Choice
Which of the funds listed below would include capital assets in its Statement of Net Position?
A) Permanent.
B) Special Revenue.
C) Internal Service.
D) None of the above; no funds in governmental accounting have capital asset accounts.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q80: All of the following are true about
Q81: An enterprise fund should be used when
Q82: Long term debt serviced from proprietary funds
Q83: Proprietary funds report using the economic resources
Q84: GASB Cash Flow Statements require the following
Q86: Which of the following would <b><u>not</b></u>
Q87: Enterprise funds use the economic resources measurement
Q88: Which of the following is not correct
Q89: Which of the following is not correct
Q90: Enterprise funds are used to account for