The Disposal of a General Capital Asset, Resulting in No

question 34

True/False

The disposal of a general capital asset, resulting in no revenue or expenditure to the government, is recorded only in the governmental activities accounts.

---

Definitions:

Successful Salesperson

An individual who excels in persuading others to purchase products or services, typically characterized by high sales achievements and effective communication skills.

Extroversion

A personality trait characterized by an orientation of one's interests and energies toward the outer world of people and activities rather than the inner world of thoughts and feelings.

Reselling Products

The act of selling a product again, often after buying it from the original seller or manufacturer at a discounted rate.

In-store Demonstrations

Live presentations of a product's functionality and benefits conducted within a retail environment to attract customers and boost sales.