The focus of the government-wide statement of activities of the City of West Hills is on which of the following?
A) Determining the total expenses by natural classification.
B) Determining the total expenses by function.
C) Determining the total revenues by function.
D) Determining the net cost of functions.

Question

The focus of the government-wide statement of activities of the City of West Hills is on which of the following? 
A) Determining the total expenses by natural classification.
B) Determining the total expenses by function.
C) Determining the total revenues by function.
D) Determining the net cost of functions.

Quizplus · Accepted Answer

The government-wide statement of activities focuses on determining the net cost of functions by showing how much of the expenses are covered by program revenues, highlighting the financial burden on taxpayers.

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