The proprietary funds operating statement reports:
A) Expenditures for capital assets.
B) Accrued interest revenue.
C) Proceeds from sale of property.
D) Payments of principal on long-term debt.
Correct Answer:
Verified
Q24: A government always has only one
A) Enterprise
Q25: Which fund reports its operating results in
Q26: Which fund reports its operating results in
Q27: The governmental funds balance sheet will never
Q28: The governmental funds operating statement reports:
A) Cash.
B)
Q30: The proprietary funds balance sheet reports:
A) Unassigned
Q31: The financial statements of a general fund
Q32: A county's operating statement for governmental funds
Q33: Which item below would be reported in
Q34: Which one of the following is an
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