Which of the Following Statements Usually Will Not Be Included

question 1

Multiple Choice

Which of the following statements usually will not be included in the annual financial report of a governmentally owned public university engaged only in business-type activities?

• A) Statement of cash flows.
• B) Statement of net position.
• C) Statement of activities.
• D) Statement of revenues, expenses, and changes in net position.

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Definitions:

James Oglethorpe

A British military officer, member of Parliament, and philanthropist who founded the colony of Georgia in America in 1733 as a place for debtors and the poor.

Founding Georgia

The establishment of the colony of Georgia in 1733 by James Oglethorpe, intended as a place for debtors and poor individuals, and as a buffer against Spanish expansion from Florida.

Spanish Florida

A territory that was controlled by Spain from 1513 until 1821, covering most of what is currently the state of Florida and parts of the southeastern United States.

Mestizos

Individuals of mixed European and Indigenous American ancestry, a term originally used in the Spanish colonies to describe people of this mixed heritage.