Under the GASB Statement No

question 32

Multiple Choice

Under the GASB Statement No.34 reporting model (as amended by GASB Statement No.63) , the government-wide statement of net position will display which of the following?

• A)Assets, liabilities, and net position.
• B)Assets, liabilities, and fund balances.
• C)Assets, liabilities, and fund equity.
• D)Assets, liabilities, and owners' equity.

---

Definitions:

Information Resource

Data, information, or knowledge assets that can be utilized to make decisions, support processes, or create value in various forms.

Threat

Any danger to which an information resource may be exposed.

Cybercrime

Criminal activities that are carried out using computers or the internet, including hacking, identity theft, and spreading viruses.

Interconnected

refers to the state of being connected with each other, especially in terms of systems, devices, or networks allowing for communication or interaction.