Author Question: If a government university provides loans to qualifying students for tuition and fees, the loans ... (Read 38 times)

colton

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If a government university provides loans to qualifying students for tuition and fees, the loans should be reported on the statement of cash flows as
 
  a. operating activities.
  b. noncapital financing activities.
  c. capital and related financing activities.
  d. investing activities.
  e. Loans are not reported on the statement of cash flows.

Question 2

Which of the following funds all use the current financial resources measurement focus?
 
  a. Debt Service Fund, Special Revenue Fund, and Capital Projects Fund
  b. General Fund, Debt Service Fund, and Internal Service Fund
  c. Debt Service Fund, Investment Trust Fund, and Capital Projects Fund
  d. General Fund, Debt Service Fund, and Pension Trust Fund



aadams68

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Answer to Question 1

A

Answer to Question 2

a



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