Which of the following statements regarding capital assets is not true?

A. Because governmental funds account only for current financial resources, these funds do not record capital assets acquired by the funds.
B. Fiduciary funds do not account for property, plant, and equipment within the fund financial statements.
C. General capital assets purchased or constructed with governmental fund resources are recorded in the governmental activities general ledger at the government-wide level.
D. Proprietary funds routinely account for capital assets used in their operations within the fund financial statements.


Answer: B

Business

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A. Autonomy B. Knowledge of actual results C. High work satisfaction D. Desire for personal growth E. Feedback

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Tangible commodities that communities expect from resident organizations include all of the following EXCEPT ________

A) taxes B) employment C) wages D) participation

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Which of the following is NOT an advantage of parent-country nationals?

A. Generally have a better understanding of the organization, strategy, structure, and culture of the business B. Allows managers to gain international experience C. More effective communication with parent-country management D. Minimizes language and culture problems E. All of the choices are correct

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All database users need full access to all tables and fields in the database.

Answer the following statement true (T) or false (F)

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