A measure of the adequacy of the amount of the government's total unrestricted net assets or deficit at the measurement date is
A)Unrestricted net assets/total revenues.
B)Business-type activities revenues/business-type activities expenses.
C)Total net assets (governmental activities and business-type activities)less total net assets at the beginning of the year.
D)Total revenues/total expenses.

Question

Quizplus · Accepted Answer

Unrestricted net assets/total revenues is a measure of the adequacy of the government's total unrestricted net assets or deficit, as it indicates how much of the government's revenue is available without restrictions.

A Measure of the Adequacy of the Amount of the Government's