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need anwers for all SETSStyles Styles Pane 8. Which of the following is not an infrastructure? A. Buildings B. Sidewalks C. Bridges D. Roads 9.

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SETSStyles Styles Pane 8. Which of the following is not an infrastructure? A. Buildings B. Sidewalks C. Bridges D. Roads 9. Donated assets are reported in the government- wide financial statements at: a. Historical cost to the donor b. Fair market value at the time of the donation c. Book value of the donor d. Zero because donated asstes are not recorded on the balance sheet 10. Which of the following would least likely to be considered a general capital asset? a. Electric Utility lines b. Buildings c. Automobiles d. Computers 11. Which of the following collectibles need not pe capitalized and reported on a city's government-wide statement of net position? a. A painting that the city purchased to be placed in the mayor's office b. A statue donated to the city which it intends to sell and use the proceeds to fund an after school program A painting that the city purchased for the city's art museum A set of books that the city intends to place in its general circulation library e. d. 12, Per GASB #34 roads and bridges should be capitalized and reported as assets on

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