Which of the Following Would Be Reported as a Nonspendable

question 54

Multiple Choice

Which of the following would be reported as a nonspendable fund balance?

• A) Inventory.
• B) Restricted assets.
• C) Assets whose use is limited.
• D) Capital assets.

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Definitions:

Moral Suasion

The act of persuading a person or group to act in a certain way through appeals to morality or conscience, rather than by using force or legal pressure.

Business Conduct

The ethics, manners, and practices that a business follows in its operations and interactions with stakeholders.

Geek Squad Logo

The trademark branding of Geek Squad, a subsidiary of Best Buy, known for offering technology repair and assistance services.

Non-Threatening

Describes a situation, behavior, or approach that does not cause fear, aggression, or opposition.