Which of the Following Is/are Reporting Requirements in Funds-Based Statements

question 16

Multiple Choice

Which of the following is/are reporting requirements in funds-based statements under GASB Statement No.34?

• A)​the statements highlight major funds and aggregate non major funds into one column
• B)​provide detailed information about short term spending and fiscal compliance
• C)​separate funds based statements are required for governmental, proprietary, and fiduciary funds
• D)​All of the above

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Definitions:

Extrinsic Motivational Factors

External rewards or forces that influence the motivation to perform a task, such as money, praise, or recognition.

Creative Behaviors

Actions that demonstrate innovation, imagination, and the ability to generate novel ideas or solutions.

Practiced Creativity

The ability to seize opportunities to apply creative skills in the workplace.

Emotional Intelligence

The ability to recognize, understand, manage, and reason with emotions in oneself and others.