The "Net Position" of a Federal Agency May Include All

question 33

Multiple Choice

The "net position" of a federal agency may include all of the following components, except:

• A) Unexpended appropriations.
• B) Cumulative results of operations.
• C) Appropriations represented by undelivered orders and unobligated balances.
• D) Fund balance with U.S. Treasury.

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Definitions:

Employee Retirement Income Security Act

A federal law that sets minimum standards for retirement and health benefit plans in private industry to protect individuals in these plans.

Economic Recovery Tax Act

A law enacted in the United States in 1981, aimed at lowering income taxes to spur economic growth.

Clothes-Changing Time

The duration employees spend changing into work-specific clothes or uniforms, often discussed in context of compensation.

On-Site Physical Facilities

Physical resources and infrastructure located at the business premises, such as buildings and equipment.