i.hich one of the following statements is NOT required for NNOs? B) C) D) statement of changes in net assets statement of activities statement of cash flows statement of financial position 2. Customers' meter deposits which cannot be spent for normal operating purposes would be classified as restricted cash in the balance sheet of which fund? A) Agency B) Internal Service Enterprise Trust 3. Which of the following funds of a governmental unit recognizes revenues and expenditures under the same basis of accounting as the general fund? A) Enterprise B) Internal service C) Nonexpendable trust D) Debt service 4. The GASB has the responsibility for establishing financial accounting standards for all of the following entities EXCEPT: A) civic organizations. B) school districts. C) state and local government entities. D) veterans hospitals. 5. In accounting for loan funds, revenue is recorded when the: A) B) C) D) students graduate. loan is repaid by students. contribution is received. loan is made to students