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Author Question: Which of the following adjustments related to capital assets is necessary to convert governmental ... (Read 59 times)

kellyjaisingh

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on: Jul 5, 2018
Which of the following adjustments related to capital assets is necessary to convert governmental funds operating statement information to the changes in net assets in the government-wide statement?
 
  a. Record depreciation expense
  b. Eliminate capital outlay expenditures and record the asset acquired
  c. Remove the book value of assets sold or disposed of
  d. All of the above

Question 2

A system's __________ ____________ depends on its type  natural, biological, or man-made  and on the particular system.
 Fill in the blank(s) with correct word


chjcharjto14

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

D

Answer to Question 2

central objectives


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