On the Statement of Changes in Net Position, Custodial Funds

question 63

True/False

On the statement of changes in net position, custodial funds need to display on separate lines each type of addition made to the fund.

---

Definitions:

Reducing Discrimination

Implementing measures and practices aimed at decreasing unfair treatment of individuals based on their race, gender, age, or other characteristics.

Advisory Committees

Groups of experts or stakeholders formed to offer guidance and advice on specific topics or issues to organizations or governing bodies.

Quotas

Set limits or targets, often referring to the required or expected production output, sales levels, or representation of certain groups.

Cultural Value Dimension

Frameworks or models that describe the dominant patterns of values, beliefs, and behaviors that characterize different cultures.