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sovemment-wide lf program revenue reported on the statement of activities A Gene

ID: 2586084 • Letter: S

Question

sovemment-wide lf program revenue reported on the statement of activities A General program revenues. B. Charges for services. C. Operating grants and contributions. D. Capital grants and contributions. 9. Which of the following is not a category at the government-wide level? revenue tt classfiation "Paublic Safety"is an example of which of the following types of classifications? A. Activity B. Function. C. Character. D. Object. 11·GASB standards require that general capital assets be recorded in the government-wide statements at A. Historical cost. B. Fair value at the financial statement date. C. Estimated cost at the financial statement date D.None of the above k constructed a new storage facility using the city's own public works ,000 in interest on 12. The City of Oak Par employees. Construction costs were incurred in the amount of $900,000, plus $25 short-term notes used to finance construction. What amount should be capita wide statements? lized in the government- A.$900,000 B. $925,000 C. $875,000 D. SO.

Explanation / Answer

Answer 9 ) A - General program revenues

Answer 10) B - Function

Answer 11) A - Historical cost

Answer 12) B - $925,000