Which of the Following Would Decrease the Governmental Activities Balance

question 29

Multiple Choice

Which of the following would decrease the governmental activities balance in Net Position-Net Investment in Capital Assets?

• A) An increase in accumulated depreciation.
• B) Acquisition of a capital lease.
• C) Sale of a fully depreciated capital asset.
• D) Receipt of a capital grant that has not been expended at fiscal year-end.

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Definitions:

Political Knowledge

The awareness and understanding an individual has about political processes, principles, and practices within a particular system.

Political Choices

Refers to the decisions made by individuals or groups regarding governance, policy preferences, and electoral options.

U.S. Constitution

The supreme law of the United States, establishing the framework of the national government and fundamental laws, and guaranteeing certain basic rights for its citizens.

Urban Areas

Regions characterized by higher population density and vast human features in comparison to areas surrounding them, often synonymous with cities or towns.