Which of the Following May Properly Be Reported as a Component

question 48

Multiple Choice

Which of the following may properly be reported as a component of net position in the proprietary fund statement of net position?

• A) Retained earnings.
• B) Designated equity.
• C) Restricted net position.
• D) Contributed capital.

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Definitions:

Standard Deviation

A gauge of how much the numbers in a collection diverge from their average, reflecting the extent of their spread or difference.

CD Players

Electronic devices designed for playing music discs known as compact discs, which encode digital audio data.

Prices

The amounts of money expected, required, or given in payment for something.

Stemplot

Also known as a stem-and-leaf plot, it is a graphical method of displaying quantitative data to assess its shape and distribution.