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Which of the following would NOT be classified as required supplementary information rsi? Question 1 options: 1) MD&A 2)Information about infrastructure condition (for governments that

Which of the following would NOT be classified as required supplementary information rsi?

Question 1 options:

1) MD&A

2)Information about infrastructure condition (for governments that do not depreciate infrastructure).

3)Information about infrastructure condition (for governments that do not depreciate infrastructure).

4)Multi-year schedule of funding progress for a governments pension plan.

Over the long run, internal service funds are intended to generate sufficient revenues to cover the

Question 12 options:

1)Full costs of providing services.

2)Full costs of providing services and earn a profit.

3)Current operating costs of providing services

4)Current operating costs of providing services and earn an operating profit.

Donor restrictions are only recognized when there is a specific purpose for the donated resources.

Question 20 options:

1)True

2)False

In accounting for closure and post-closure landfill costs in an enterprise fund, a government does not necessarily have to fund the costs during the landfills useful life; it merely has to report both an expense and a liability for them.

Question 23 options:

1)true

2)false

Daniel, an auditor, is performing a routine review of a not-for-profit hospital and notes the following account balances in the statement of activities for the fiscal year ending September 30, 2017:

What amount should the hospital report as net patient service revenue in its statement of activities for the fiscal year ending September 30, 2017?

Question 24 options:

1)$4,080,000

2)$4140000

3)$4030000

4)4410000

Cash flows from investing activities include which of the following as outflows

Question 25 options:

1) Repayments of short-term borrowing to finance operations,

2) Interest received on Investments

3)cash transfer to other funds

4)Purchase of short-term investments

In both the fund statements and the government-wide statements, business-type activities and internal service funds are on a full accrual basis, and their measurement focus is on all economic resources.

Question 38 options:

1)True

2)false

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