Public colleges are required to report residual equity in the following categories:
A) Unrestricted, Restricted, and Net Investment in Capital Assets
B) Temporarily Restricted , Permanently Restricted and Unrestricted
C) Unrestricted, Temporarily Restricted and board designated
D) Restricted, Unrestricted and Temporarily Restricted

Question

Quizplus · Accepted Answer

Public colleges and universities are required to report net position as Net Investment in Capital Assets, Restricted Net Position and Unrestricted Net Position.

Public Colleges Are Required to Report Residual Equity in the Following