There Are Only Two Government-Wide Statements: the Statement of Net

question 57

True/False

There are only two government-wide statements: the statement of net position and the statement of activities.

---

Definitions:

Kidney

The paired vertebrate organ important in excretion of metabolic wastes and in osmoregulation.

Deamination

Deamination is the biochemical process that removes an amino group from an amino acid, resulting in the release of ammonia and alteration of the amino acid structure, often taking place in the liver.

Amino Group

An amino group is a functional group consisting of a nitrogen atom attached to two hydrogen atoms (–NH2) and is a fundamental component of amino acids and thus proteins.

Amino Acids

Organic compounds that serve as the building blocks of proteins. They contain an amino group and a carboxylic acid group, and they vary by the side chain attached to their alpha carbon.