Which of the Following Is Regarding Other Financing Sources and Other

question 23

Multiple Choice

Which of the following is regarding other financing sources and other financing uses?

• A) Both must be reported separately from revenues and expenditures in the statement of revenues, expenditures, and changes in fund balances.
• B) These terms are used to distinguish program revenues or expenses from general revenues or expenses.
• C) These terms are used for minor revenue or expenditure items that are peripheral to the government's mission.
• D) Other financing sources are equivalent to gains and other financing uses are equivalent to losses.

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Definitions:

United States

A country in North America, consisting of 50 states, a federal district, and five major self-governing territories.

Employers

Organizations or individuals that hire and provide work for employees, often offering wages or salary in exchange for the employees' labor.

Political System

A framework of institutions through which a society organizes and governs itself.

Human Resource Management

The strategic approach to effectively managing people within an organization, focusing on policies and systems to maximize employee performance in service of an employer's strategic objectives.