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:

Competing Interests

Situations where different parties have conflicting goals or desires, often leading to a dispute or competition.

Economic Intervene

Actions taken by a government or organization to affect or influence economic outcomes.

USSR

The USSR (Union of Soviet Socialist Republics) was a socialist state in Eurasia that existed from 1922 to 1991, comprising multiple republics including Russia.

Democratic Socialist

A socio-political ideology advocating for democratic means to achieve and maintain a socialist economic system, where there is significant public or collective ownership of the means of production.