Which of the Following Would Not Be an Adjustment for Long-Term

question 131

Multiple Choice

Which of the following would not be an adjustment for long-term debt when preparing government-wide financial statements?

• A) Changing Other Financing Sources - Proceeds of Bonds to Bonds Payable
• B) Changing Expenditures - Bonds Principle to Bonds Payable
• C) Recording the cash received from a debt issue
• D) Amortizing bond premiums

---

Definitions:

Psychoactive Drugs

Substances that affect the mind, mood, or behavior by altering the brain's chemistry, often used for medicinal, recreational, or spiritual purposes.

Hallucinogens

Substances that induce alterations in perception, mood, and cognitive processes, often resulting in visual or auditory hallucinations.

Drug's Effect

The specific physical and psychological changes produced in the body as a result of the action of a pharmaceutical or psychoactive substance.

User's Culture

The shared values, practices, and beliefs of a group to which a user belongs, influencing their behavior and perceptions.