If the General Fund Has Restricted Fund Balance, Then the Governmental

question 8

Multiple Choice

If the General Fund has restricted fund balance, then the governmental activities column will automatically have

• A) Committed net position.
• B) Restricted net position.
• C) Designated net position.
• D) Net investment in capital assets.

---

Definitions:

Reactive

A style of operation or behavior focusing on responding to events or situations rather than initiating or influencing them.

Downsizing

A corporate strategy that involves reducing the company's workforce to improve efficiency, productivity, or sustainability.

Systematic Change

A deliberate and planned effort to alter processes, policies, or systems within an organization in a coherent and cohesive manner.

Downsizing Strategy

A business policy aimed at reducing the size of a company through layoffs, closure of locations, or other means to improve financial performance.