Author Question: The government-wide statement of net position would report the following component of net ... (Read 55 times)

ap345

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The government-wide statement of net position would report the following component of net positionexcept
 
  A. Unrestricted net position.
  B. Restricted net position.
  C. Net investment in capital assets.
  D. Designated net position.

Question 2

An example of a general-purpose financial statement would be a report about projected price increases related totransportation costs.
 a. True
  b. False
 
   Indicate whether the statement is true or false



mcarey591

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Answer to Question 1

D

Answer to Question 2

False



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