Under GASB Standards, the Financial Statements That Report on Business-Type

question 53

True/False

Under GASB standards, the financial statements that report on business-type activities at the government-wide level include the statement of net position, statement of activities, and statement of cash flows.

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Definitions:

Indirect Emissions

Emissions resulting from the consumption of purchased electricity, heat, or steam – outside of the direct control of the facility generating them.

Direct Emissions

Emissions that are produced directly from a source, such as exhaust emissions from vehicles.

GHG Protocol Initiative

A comprehensive global standardized framework for measuring and managing greenhouse gas emissions.

Scope 2

Refers to indirect greenhouse gas emissions from the consumption of purchased electricity, steam, heating, and cooling utilized by a company.