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Author Question: What is the disposition of the earnings of a Permanent Fund? a. The earnings remain indefinitely ... (Read 129 times)

audragclark

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on: Jul 5, 2018
What is the disposition of the earnings of a Permanent Fund?
 
  a. The earnings remain indefinitely in a permanent fund.
  b. The earnings are used only for non-governmental programs.
  c. The earnings are used for programs that benefit the government or its citizens.
  d. The earnings must be used for permanent projects, such as bridges.

Question 2

The income statement and statement of owner's equity provide information covering a period of time.
 a. True
   b. False
   Indicate whether the statement is true or false


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Anonymous

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Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

True


audragclark

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Reply #2 on: Jul 5, 2018
Thank you :)


Anonymous

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Reply #3 on: Jul 5, 2018
Happy to help you


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