The focus of the government-wide statement of activities of the City of West Hills is on which of the following?

Question

Quizplus · Accepted Answer

The focus of the government-wide statement of activities is on determining the net cost of functions, which is the total expenses minus total revenues. This statement combines all of the City of West Hills' funds and departments into one overall picture, showing the cost of providing services to the community as a whole. Determining the total expenses by natural classification or by function and determining the total revenues by function are both important elements of this statement, but they are secondary to the primary focus of determining the net cost of functions.

The Focus of the Government-Wide Statement of Activities of the City