_____ For a public C&U engaged in business-type activities, where are state capital appropriations reported in the statement of revenues, expenses, and changes in net assets?
A) In the revenues section.
B) In the nonoperating revenues (expenses) section.
C) After the nonoperating revenues (expenses) section.
D) Omitted from this statement but reported directly in the net assets section of the statement of financial position.
E) Omitted from this statement but reported in the cash flow statement.

Question

Quizplus · Accepted Answer

State capital appropriations for a public college or university engaged in business-type activities are reported after the nonoperating revenues (expenses) section in the statement of revenues, expenses, and changes in net assets.

_____ for a Public C&U Engaged in Business-Type Activities, Where