Which of the Following Statements Usually Will Not Be Included

question 1

Multiple Choice

Which of the following statements usually will not be included in the annual financial report of a governmentally owned public university engaged only in business-type activities?

• A) Statement of cash flows.
• B) Statement of net position.
• C) Statement of activities.
• D) Statement of revenues, expenses, and changes in net position.

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Definitions:

Constitutional Convention

A formal assembly convened with the purpose of drafting, amending, or revising a constitution, such as the 1787 convention that drafted the Constitution of the United States.

Propertied Families

Families that own significant amounts of land, real estate, or other forms of wealth, often holding considerable influence and status in society.

Articles Of Confederation

First frame of government for the United States; in effect from 1781 to 1788, it provided for a weak central authority and was soon replaced by the Constitution.