What is the disposition of the earnings of a Permanent Fund? ...

[audragclark]

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

[Anonymous]

Answer to Question 1

c

Answer to Question 2

True

[audragclark]

Thank you

[Anonymous]

Happy to help you