Capital Assets of an Enterprise Fund Should Be Reported in The

question 23

Multiple Choice

Capital assets of an enterprise fund should be reported in the:

• A) Government-Wide Statement of Net Assets only.
• B) Proprietary Fund Statement of Net Assets only.
• C) General Fixed Asset Account Group only.
• D) Government-Wide Statement of Net Assets and Proprietary Funds Statement of Net Assets.

---

Definitions:

Top Management

Top management consists of the highest-level executives and decision-makers in an organization responsible for determining its strategy, direction, and policies.

Mechanistically or Organically

Describes organizations on a continuum from highly structured and hierarchical (mechanistic) to more flexible and adaptive (organic) structures.

Span of Control

The number of subordinates that a manager or leader can effectively oversee, control, or influence.

Dividing Up Tasks

Involves breaking down a project or job into smaller, more manageable parts and assigning them to different team members.