General Capital Assets Are Not Reported in Governmental Funds Because

question 38

True/False

General capital assets are not reported in governmental funds because of the funds' measurement focus (current financial resources).

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Definitions:

Voluntary Response

A behavioral action that is performed willingly and without coercion.

Classical Conditioning

A learning process in which a biologically potent stimulus is paired with a previously neutral stimulus to elicit a response.

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention in classical conditioning.

Social-Cognitive Learning

The acquisition of knowledge or behaviors through observation of others, rather than through direct experience.