Which of the Following Best Describes the Recommended Format for the Government-Wide

question 26

Multiple Choice

Which of the following best describes the recommended format for the government-wide statement of activities?

• A) Program revenues minus expenses minus other revenues and expenses equals change in net position.
• B) Program revenues plus general revenues minus expenses equals change in net position.
• C) Program revenues minus expenses plus general revenues equals change in net position.
• D) Expenses minus program revenues plus general revenues equals change in net position.