Which of the following is true regarding the government-wide Statement of Net Position?
A. Both Discretely presented component units are included in a separate column (or columns) & Net Position is displayed in three categories: net investment in capital assets, reserved, and unreserved.
B. Discretely presented component units are included in a separate column (or columns).
C. Net Position is displayed in three categories: net investment in capital assets, reserved, and unreserved.
D. Neither Discretely presented component units are included in a separate column (or columns) nor Net Position is displayed in three categories: net investment in capital assets, reserved, and unreserved.
Answer: B
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Which of the following is a correct statement regarding securities regulations?
A) Securities are regulated by state law, not federal law. B) Securities are regulated by federal law, not state law. C) Securities are regulated concurrently by state and federal laws. D) Securities are regulated sequentially by state and federal laws.
A policy with an accidental death benefit
A) can pay out more than the face value of the policy given an accidental death. B) forgives all policy loans in the event of an accidental death. C) covers the cost of emergency medical services in the event of an accidental death. D) covers the cost of transporting the remains from the any place in the country to the resident city of the deceased.
Which type of leadership demands consistency in words and actions as followers look to leaders’ behavior to assess whether their talk is forthright and can be trusted?
a. Authentic leadership b. Transactional leadership c. Situational leadership d. Transformational leadership
In a "living will" you transfer all of your assets to your heirs while you are still living
Indicate whether the statement is true or false