GASB Statement 31,Accounting and Financial Reporting for Certain Investments and for External

question 84

Multiple Choice

GASB Statement 31,Accounting and Financial Reporting for Certain Investments and for External Investment Pools,does not apply to which of the following investment types?

• A) External investment pools.
• B) Open-end mutual funds.
• C) Debt securities.
• D) Investments of pension funds.

---

Definitions:

Efferent

Nerve fibers that carry signals away from the central nervous system to effectors such as muscles and glands.

Afferent

Refers to the conveyance of sensory information from the peripheral body parts to the central nervous system.

Sensory Neuron

A type of neuron responsible for conveying information from sensory receptors towards the central nervous system.

Motor Neuron

A type of neuron that sends impulses from the brain or spinal cord to a muscle or gland, enabling movement and action.