Which of the Following Is True Regarding the Government-Wide Financial

question 17

Multiple Choice

Which of the following is true regarding the government-wide financial statements?

• A) The government-wide financial statements include the Statement of Net Position and the Statement of Activities.
• B) The government-wide financial statements are prepared using the current financial resources measurement focus and the modified accrual basis of accounting.
• C) Both of the above.
• D) Neither of the above.

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Definitions:

Operant Conditioning

An educational method where behavior is altered by the application of rewards or penalties.

Reinforced

In behavioral psychology, refers to any stimulus which strengthens or increases the probability of a specific response.

Behavior

The range of actions and observable emotions of individuals or groups in response to external or internal stimuli.

Continuous Reinforcement

A learning schedule in which a behavior is reinforced each time it occurs, leading to a rapid acquisition of the behavior.