A(n) ___________________ ___________ is a set of integrated programs designed to simplify the tasks of creating, accessing, and managing a database.
Fill in the blank(s) with correct word
Question 2
Which of the following is a plausible explanation for the difference between the net change in fund balances of governmental funds (fund-level statement of revenues, expenditures, and changes in fund balances) and the change in net position of
governmental activities (government-wide statement of activities)?
a. Some expenses reported in the statement of activities do not require the use of current financial resources and are not reported as expenditures in the fund-level statements
b. Amounts reported as expenditures in the statement of activities are reported as capital assets in the fund-level statements
c. Debt proceeds provide current financial resources in the statement of activities, but are reported as long-term liabilities in the fund-level statements
d. Depreciation of general fixed assets is not reported as an expense in the statement of activities, but it is reported as an expense in the fund-level statements