Question
Which of the following adjustments would likely be made when moving from governmental funds financial statements to government-wide financial statements? a. Recordanadditionalexpenseforcompensatedabsences b. Recordanadditionalexpenserelatedtosalariesearnedatyear-end c.
Which of the following adjustments would likely be made when moving from governmental funds financial statements to government-wide financial statements? a. Recordanadditionalexpenseforcompensatedabsences b. Recordanadditionalexpenserelatedtosalariesearnedatyear-end c. Bothoftheabove d. Neitheroftheabove 2. Which of the following adjustments is necessary to move from governmental fund financial statements to government-wide financial statements? a. Eliminateexpendituresfordebtprincipal b. Eliminateexpendituresforcapitaloutlayandadddepreciationexpense c. Bothoftheabove d. Neitheroftheabove 3. Whichofthefollowingistrueregardinggovernment-widefinancialstatements? a. Internalservicefundsarenormallyincludedwithgovernmental-typeactivities. b. Componentunitsandfiduciaryfundsarenotincluded. c. Bothoftheabove d. Neitheroftheabove 4. Whichofthefollowingistrueregardinggovernment-widefinancialstatements? a. Allcapitalassets,includinginfrastructure,arerequiredtobereported. b. Internalservicefundsarenotincluded. c. Bothoftheabove d. Neitheroftheabove
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