Which of the following would not be reported as part of net position in the government-wide statement of net position?

Select one:

a. Restricted net position

b. Committed net position

c. Unrestricted net position

d. Net investment in capital assets

e. All of the above are a part of government-wide net position.

Significant differences exist between fund financial statements and government-wide financial statements. Which of the following is not one of these differences?

Select one:

a. Certain fund financial statements may be prepared using the current financial resources measurement focus, but government-wide financial statements are prepared using the economic resources measurement focus.

b. Fund financial statements focus on reporting major governmental and enterprise funds, but government-wide financial statements focus on reporting the government as a whole.

c. Fund financial statements do not include a statement of cash flows, but a statement of cash flows is required for the government-wide financial statements.

d. Fiduciary funds are included in fund financial statements, but not included in governmentwide financial statements.

e. Discretely presented component units are reported in government-wide financial statements, but not in fund financial statements.

Which of the following would not be reported as part of net position in the government-wide statement of net position?

Select one:

a. Restricted net position

b. Committed net position

c. Unrestricted net position

d. Net investment in capital assets

e. All of the above are a part of government-wide net position.

Which of the following statements is true regarding Internal Service Fund reporting in the government-wide financial statements?

Select one:

a. Internal Service Funds are reported in a separate column.

b. Internal Service Fund assets and liabilities are aggregated with the assets and liabilities of governmental or business-type activities depending on which activity is the major consumer of Internal Service Fund services.

c. Internal Service Fund assets and liabilities are combined with the Enterprise Fund activities and reported as part of business-type activities.

d. None of the above.