The capital projects fund of Hysham completed construction of a new building. The building should be reported in the:I. government-wide statement of net assets. II. capital projects fund. 

A. II only
B. I only
C. Neither I nor II
D. Either I or II


Answer: B

Business

You might also like to view...

The search for and qualification of potential customers during the personal selling process is referred to as ________.

A. gleaning B. customer mining C. prospecting D. cold calling E. lead initiation

Business

Which of the following statements is true regarding fixed and variable costs?

a. Both costs are constant when considered on a total basis. b. Variable costs are constant in total, and fixed costs are constant per unit. c. Both costs are constant when considered on a per unit basis. d. Fixed costs are constant in total, and variable costs are constant per unit.

Business

An important advantage of a corporate form of ownership is the reduction of stockholder liability

Indicate whether the statement is true or false

Business

Using the same name on multiple program units within the same package is referred to as ____.

A. overloading B. declaring C. initializing D. referencing

Business