Correct Answer
verified
Multiple Choice
A) In the basic financial statements.
B) In the notes to the financial statements.
C) As a part of the financial section of the comprehensive annual financial report (CAFR) .
D) As part of the statistical section of the comprehensive annual financial report (CAFR) .
Correct Answer
verified
Essay
Correct Answer
verified
View Answer
True/False
Correct Answer
verified
Multiple Choice
A) The internal balances amounts reported in the balance sheet columns represent activity among governmental funds.
B) The internal balances amounts reported in the statement of net position columns represent activity between governmental activities and business-type activities.
C) The internal balances amounts are reported in both the asset and liability sections on the statement of net position.
D) The internal balances amounts reported represent the difference between interfund transfers in and interfund transfers out.
Correct Answer
verified
Multiple Choice
A) The primary government is entitled to its share of any dividends distributed by the PCU.
B) The primary government is obligated to provide financial support to the PCU.
C) The primary government is obligated for the PCU's debt.
D) The primary government is entitled to the PCU's resources.
Correct Answer
verified
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