MULTIPLE CHOICE 13. Which of the following is not included in the Statistical Section of the CAFR? a) Debt Capacity b) Required Supplemental Information c) Operating Information d) Financial Trends 14. The only period in which the United States did not have a fiscal deficit (total liabilities greater than total assets) was: a) At its inception b) During the late 1830s c) During the mid-1920s d) During the Clinton Administration 15. How many component units does the City of White Plains report in their Government-Wide Statements? a) 0 b) 1 c) 2 4 d) 16. Which two supporting schedules (in excel format) do govemments usually keep during the fiscal year to help them prepare the Govemment-Wide statements at year-end? a) Capital Assets and Pension payments b) Pension payments and Budget comparison c) Long-Term Debt and Prepaid Expenses d) Capital Assets and Long-Term Debt The CAFR for White Plains contains how many sections? a) Three b) Four c) Five d) None of the above 17. 18. Which of the following is not one of the 6 steps for transforming governmental fund statements to government-wide statements? a) Eliminate inter-fund transactions b) Adjust for differences in basis of accounting c) Eliminate long-term assets and liabilities d) Consolidate the Internal service fund