Under the Accrual Basis of Accounting Used by Governments, Investment

question 10

Multiple Choice

Under the accrual basis of accounting used by governments, investment revenues for the current period should include

• A)only interest and dividends received.
• B)all interest and dividends received during the period plus all accruals of interest and dividends earned.
• C)all interest and dividends received plus gains and losses on securities that were sold during the period.
• D)all interest and dividends received, all gains and losses on securities sold, and all changes in market values on securities held in the portfolio at year-end.

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Definitions:

High-fat Protein Diets

Diets that emphasize high intake of proteins and fats, often minimizing carbohydrates, possibly used for weight loss or other health goals.

Lipid-lowering Drugs

Medications prescribed to reduce levels of fats, including cholesterol and triglycerides, in the blood to prevent cardiovascular diseases.

Dietary Antioxidants

Substances found in food that can prevent or slow the oxidative damage to our body.

Cohort Effect

Variations in the characteristics of an area of study (such as health outcomes) among groups of people who are defined by some shared temporal experience or common life experience.