Which of the following characteristics would not define an organization as governmental?
A) The power to enact and enforce a tax levy.
B) The potential for unilateral dissolution by a government with the net assets reverting to a government.
C) The receipt of grant money from a state or local government for the purpose of providing services to the public.
D) All of the above.
Correct Answer:
Verified
Q73: Government-wide statements use the:
A) current financial resources
Q74: Proprietary funds use the:
A) economic resources measurement
Q75: The GASB has the authority to establish
Q77: Which of the following would not be
Q78: In order for a fund to exist,there
Q79: The Governmental Accounting Standards Board has been
Q80: Fiduciary funds are to use the:
A) economic
Q80: The FASAB has the authority to establish
Q81: Governmental funds use the:
A) economic resources measurement
Q91: Which of the following funds is considered
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