General Fixed Assets Are Excluded from Governmental Funds Because

question 22

Multiple Choice

General fixed assets are excluded from governmental funds because

• A)The measurement focus of governmental funds is on financial resources.
• B)They are not used to used generate revenues.
• C)The basis of accounting is accrual.
• D)None of the above.

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Definitions:

Mental Elements

Fundamental components or aspects of the mind that contribute to thought and consciousness.

Complexes

Psychological concepts referring to a core pattern of emotions, memories, perceptions, and wishes in the personal unconscious organized around a common theme.

Sentiments

To Cattell, environmental-mold source traits that motivate behavior.

Emotionally Disturbed

Describes someone with difficulty in emotional regulation, often seen in contexts of mental health.