Which of the Following Is Not a Requirement That Must

question 22

Multiple Choice

Which of the following is not a requirement that must be met to elect the "modified approach" to reporting certain eligible infrastructure assets?

• A) The government gets the permission of the Government Accounting Standards Board.
• B) The government documents that the eligible infrastructure assets are being preserved approximately at (or above) the condition level established and disclosed.
• C) The government manages the assets using an asset management system that includes condition assessments of the assets and summary of results using a measurement scale.
• D) The government manages the assets using an asset management system that includes estimates each year of the annual amount needed to maintain and preserve the eligible assets at the condition level established and disclosed by the government.

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Definitions:

Organic Molecule

Molecule that always contains carbon and hydrogen, and often contains oxygen as well; organic molecules are associated

Carbon Atom

A chemical element with symbol C and atomic number 6, fundamental to all known life, able to form stable bonds with many elements including itself.

Organic Molecules

Chemical compounds composed primarily of carbon atoms in rings or long chains, to which are attached other atoms such as hydrogen, oxygen, and nitrogen.

Carbon

A chemical element with symbol C, essential to all life, serving as the basic building block for all organic molecules.